Twitter (NYSE:TWTR) shares have soared more than 55% and counting in the past year. Of course, the iconic platform is best known as a micro-blogging social network. But it’s quickly evolving into something that’s potentially even more influential and lucrative with the rise of cryptocurrencies.
Back in July, Chief Executive Officer Jack Dorsey said that Bitcoin would become a “big part” of Twitter via integration with the company’s products and services. But little known to investors, Twitter has already seen a huge rise in its bottom line due to the influx of cryptocurrency developers. So let’s look at why now’s the time to go all-in on its stock.
An invaluable role
Unlike with stocks, there isn’t a centralized Securities and Exchange Commission (SEC) database (called EDGAR) where investors can go and get the latest information on financials and updates on important events…