Telegram founder and CEO Pavel Durov has stated that he owns Bitcoin.
He did so a couple of days ago on his official Telegram channel, with a post dedicated to the platform’s successes.
Telegram and Bitcoin
Indeed, Durov revealed that more than 2.5 million new users are signing up for Telegram every day, and as of early 2023 the platform has surpassed 800 million monthly active users.
The post actually served mainly to give an explanation of why they recently decided to issue bonds.
Durov pointed out that such massive growth has also necessarily generated more expenses to serve users, particularly for storage and traffic.
Although he says Telegram is very efficient in terms of managing costs, he admits that the service is not yet profitable.
It is worth noting that monetization of the platform has only been active since last year, so he believes it would have been impossible to achieve full profitability in such a short time. However, he stresses that Telegram is closer to pro
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