While Gucci will accept crypto payments at select U.S. stores.
The bid has already attracted massive investments from crypto firms and platforms.
Fidelity and Sequoia Capital are also reportedly on board.
Questioning the fungibility of non-fungible tokens.
While Bored Ape Yacht Club’s ApeCoin soared.
Already making moves to monetize the platform just days after his acquisition.
“…Elon is the singular solution I trust.”
Current CEO Parag Agrawal is also set to make $42 million USD from his golden parachute package.
Musk tweeted, “I hope that even my worst critics remain on Twitter.”
The billionaire has previously expressed his support for the coin on social media.
The deal was unanimously approved by Twitter’s board.
Potentially making a decision as early as Thursday.