​Twitter’s Pro-Bitcoin CEO Jack Dorsey Steps Down, New CEO Ann | Crypto Miami

​Twitter’s Pro-Bitcoin CEO Jack Dorsey Steps Down, New CEO Announced.

Twitter co-founder and CEO Jack Dorsey confirmed he's stepping down from his role as chief executive of the social media platform.

"I want you all to know that this was my decision and I own it," Dorsey said in an open letter to Twitter employees.

He added that he views companies that are “founder-led” as having “a single point of failure,” and said he has “worked hard to ensure this company can break away from its founding and founders.”

He also confirmed that their Chief Technology Officer Parag Agrawal becomes Twitter's CEO starting today, while Bret Taylor becomes their board chair.

Dorsey’s resignation as CEO was reported on by CNBC before it was officially announced, while Reuters and Bloomberg also shared details on the story, all citing unnamed sources “familiar with the matter.”

Twitter’s stock has been halted by the New York Stock Exchange due to a pending news announcement from the company. Before trading was halted, Twitter’s stock was up 3.42% for the day.

Twitter co-founder and CEO Jack Dorsey confirmed he's stepping down from his role as chief executive of the social media platform.