Key investors to back Elon Musk on the $44 billion Twitter bid

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Cryptocurrency exchange Binance committed $500 million, while venture capital firm Sequoia Capital committed $800 million to finance Elon Musk’s $44 billion takeover of social media platform Twitter (TWTR).

Around $7.1 billion has been committed by 19 different parties with investment firm Fidelity putting aside $316 million for the takeover

Tesla (TSLA) founder Elon Musk recently agreed to acquire the social media firm. Musk had said that he wants Twitter to be a proponent for free-speech. The billionaire is also a known supporter of cryptocurrencies, like memecoin dogecoin (DOGE) and bitcoin (BTC).

According to an updated Schedule 13D filing with the U.S. Securities and Exchange Commission (SEC) filed on Wednesday, the world’s largest crypto exchange was among the equity investors for the deal. A Schedule 13D is a form that must be submitted to the SEC when an entity acquires more than 5% of a company’s equity.

Twitter Equity Investors Commitments
A.M. Management & Consulting$25,000,000
AH Capital Management, L.L.C. (a16z)$400,000,000
Aliya Capital Partners LLC$360,000,000
BAMCO, Inc. (Baron)$100,000,000
DFJ Growth IV Partners, LLC$100,000,000
Fidelity Management & Research Company LLC$316,139,386
Honeycomb Asset Management LP$5,000,000
Key Wealth Advisors LLC$30,000,000
Lawrence J. Ellison Revocable Trust$1,000,000,000
Litani Ventures$25,000,000
Qatar Holding LLC$375,000,000
Sequoia Capital Fund, L.P.$800,000,000
Strauss Capital LLC$150,000,000
Tresser Blvd 402 LLC (Cartenna)$8,500,000
Witkoff Capital$100,000,000

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