Billionaire Michael Dell suggests Bitcoin Adoption
After sharing Michael Saylor's statement, billionaire Michael Dell garnered crypto attention.
After Saylor's statement, Michael Dell posted a cookie monster devouring Bitcoin joke.
Following his statements with Saylor, Dell may be hinting at Bitcoin acceptance.
After X postings on Friday suggested an interest in Bitcoin, numerous crypto community members theorized that Michael Dell and his business may use the MicroStrategy Bitcoin playbook.
After a series of X postings with Michael Saylor on Friday, Dell Technologies (DELL) founder and CEO Michael Dell became interested in Bitcoin.
The two caught crypto community attention when Dell published Saylor's reply on his first article. Dell posted Thursday, "Scarcity creates value." Saylor said, "Bitcoin is digital scarcity."
Many have predicted that Dell may buy the digital asset based on both sides' remarks.
A few hours later, Dell published an X poll asking what tech innovation will come next. From AI, Quantum Computing, and Space Tech, Blockchain swiftly garnered the most votes.
Dell also uploaded a meme of Cookie Monster swallowing Bitcoin. This prompted further queries from crypto community members who were reading between the lines.
Speculators wonder whether Dell will add Bitcoin to his balance sheet like Saylor at MicroStrategy.
Michael Dell owns 58.9% of Dell Technologies, which is worth over $100 billion.
His latest Bitcoin postings may be following MicroStrategy's lead. After buying 11,931 Bitcoin, MicroStrategy shares increased 3% on Thursday.
Bitcoin is down 1.5% in the previous 24 hours as Michael Dell's move hasn't boosted its price as expected.
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