Meta to launch metaverse hardware store, Elon Musk buys Twitter for $44B and ApeCoin pumps to new highs: Hodler’s Digest, April 24-30

Cointelegraph

Published Apr 30, 2022 04:30PM ET

Updated May 01, 2022 03:40PM ET

Elon Musk buys Twitter (NYSE:TWTR) for $44B crypto industry reacts

Eccentric billionaire Elon Musk bought Twitter for around $44 billion this week, or $54.20 per share in cash. After the deal was accepted, Musk said he hoped that even my worst critics remain on Twitter, because that is what free speech means.

The crypto industrys reaction was mixed, with Dogecoin co-creator Jackson Palmer describing the acquisition as a hostile takeover antithetical to the idea of freedom, while Bitcoin bulls Anthony Pompliano and Michael Saylor welcomed the move.

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