Billionaire Michael Dell Suggests Bitcoin Adoption
Billionaire Michael Dell has attracted attention in the cryptocurrency space after sharing Michael Saylor's statement.
After Saylor's statement, Michael Dell posted a joke of Cookie Monster eating Bitcoin.
After his statement with Saylor, Dell may have hinted at accepting Bitcoin.
After X's post on Friday hinted at an interest in Bitcoin, many members of the cryptocurrency community speculated that Michael Dell and his company may adopt MicroStrategy's Bitcoin strategy.
After a series of X posts with Michael Saylor on Friday, Dell Technologies (DELL) founder and CEO Michael Dell began to take an interest in Bitcoin.
The two caught the attention of the cryptocurrency community when Dell posted Saylor's response to his first post. Dell posted "Scarcity Creates Value" on Thursday. Saylor said, "Bitcoin is digital scarcity."
Many people predicted Dell might buy digital assets based on the comments from both parties.
A few hours later, Dell posted an X poll asking what kind of technological innovation will appear next. From artificial intelligence, quantum computing, and space technology, blockchain quickly received the most votes.
Dell also uploaded a meme of Cookie Monster eating Bitcoin. This prompted further inquiries from members of the cryptocurrency community, who tried to read into the meaning.
Speculators are curious whether Dell will add Bitcoin to his balance sheet like MicroStrategy's Saylor.
Michael Dell owns 58.9% of Dell Technologies, which is worth more than $100 billion.
His latest Bitcoin post may be following in the footsteps of MicroStrategy. MicroStrategy shares rose 3% on Thursday after purchasing 11,931 Bitcoins.
Bitcoin fell 1.5% in the past 24 hours as Michael Dell's move did not push its price up as expected.
