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Bill Ackman Says Jack Dorsey's Bitchat Messaging App 'May Be Useful' In Iran To Evade Internet Shutdowns

Bill Ackman emphasized Bitchat's Bluetooth messaging and Bitcoin transfer features as crucial during Iran's internet blackout amid anti-regime protests, said Pershing Square CEO.

Summary by Benzinga
Billionaire hedge fund manager Bill Ackman said Saturday that Block’s decentralized messaging app Bitchat could be a useful communication tool in censored environments like Iran. Can Bitchat Revolutionize Messaging In Iran? Ackman reacted to an X post about Bitchat, a peer-to-peer messaging application developed by Jack Dorsey’s Block that can deliver messages over Bluetooth. “Bitchat may be useful in Iran,” The Pershing Square Capital Managemen…

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Reuters broke the news in United Kingdom on Saturday, January 17, 2026.
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