The tweet, which said “just setting up my twttr,” was first published on March 21, 2006 and was auctioned off by Mr Dorsey for charity.
The tweet was bought using the Ether cryptocurrency, a rival to bitcoin by a Malaysia-based buyer Sina Estavi.
Mr Dorsey’s brief tweet was sold via an auction on an online platform called Valuables, which is owned by the US-based company Cent.
According to the platform’s rules, Mr Dorsey receives 95% of the proceeds of the primary sale, while Cent receives 5%.
The buyer, Mr Estavi will receive a certificate, digitally signed and verified by Mr Dorsey, as well as the metadata of the original tweet. The data will include information such as the time the tweet was posted and its text contents.
This is not just a tweet!
I think years later people will realize the true value of this tweet, like the Mona Lisa painting https://t.co/vnA5pz3esQ
— Estavi (@sinaEstavi) March 22, 2021