Twitter CEO Jack Dorsey has revealed that he has been exceeding his weekly buy limit for Bitcoin, purchasing $10,000 worth of the cryptocurrency every week.
Dorsey recently appeared on the Tales from the Crypt podcast hosted by Marty Bent.
During the interview, he revealed to Bent that he has been maxing out his Bitcoin weekly buy limit.
Tales from the Crypt fans have been purchasing an average of $25 worth of Bitcoin each week as part of the social media movement #StackingSats (Satoshis), which is encouraging the community to build their crypto holdings during the bear market.
Dorsey stated he would have joined in except he had “already exceeded” his limit on the Cash app.
According to Twitter user @girevik, the weekly Bitcoin purchase limit on the Cash app is $10,000.
— girevik (@girevik_) March 4, 2019
Dorsey has been making headlines in the crypto space recently.
Last month, he appeared on the Joe Rogan podcast and stated: “I believe the internet will have a native currency and I don’t know if it’s Bitcoin. I think it will be [Bitcoin] given all the tests it has been through and the principles behind it.”
Dorsey is an advocate of Bitcoin and recently got involved in the recent Lightning torch experiment. Upon receiving the torch, he sent it to Elizabeth Stark, CEO at Lightning Labs.
Interested in reading more about Jack Dorsey’s involvement with crypto? Discover more about the contradicting opinions surrounding the Twitter CEO.