Recently, $BTC Bitcoin maximalist Max Keiser has been propagating rumors suggesting that Qatar might invest $500bn in BTC via QIA (Qatar Investment Authority).
The rumor was fueled by the fact that the Qatar Executive Gulfstream G65OER, the private jet of The Emir of Qatar, was spotted flying into the Bitcoin Atlantis conference in Madeira at the start of the month.
However, the rumored investment of $500brn is bigger than the QIA's reported holdings of $475bn AUM, making the investment unlikely. Despite the skepticism surrounding the rumored investment, experts suggest that government-level interest in Bitcoin is growing, particularly with recent large-scale acquisitions by entities like