Michael Dell Might Be On The Bitcoin Team
The interaction began on Thursday when Dell posted,“Scarcity creates value.” Saylor responded,“Bitcoin is Digital Scarcity,” which Dell reposted. This exchange led crypto users to believe that the CEO of a $100B company like DELL has some level of interest or involvement with Bitcoin.
However, Dell didn't explicitly mention anything related to holding Bitcoin or showing direct interest in the coin. But he did post an image of Sesame Street's Cookie Monster, digitally altered (apparently by Saylor) to show the character gobbling Bitcoin instead of cookies.
This single publication caused a wave of positive comments from the crypto community, with many renowned figures welcoming Michael Dell to the Bitcoin team.
It should be noted that DELL does not hold Bitcoin in its $34.6 billion balance sheet.
It's not the same for MicroStrategy. As CryptoMode reported, the business intelligence firm has purchased over 11,000 BTC, acquired for roughly $8.3B, using the proceeds from convertible notes and excess cash.
MicroStrategy had to increase the debt offering to over $700M, given the from investors, and completed the round this same week.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept any
responsibility or liability for the accuracy, content, images, videos,
licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright issues
related to this article, kindly contact the provider above.
Comments
No comment