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- Jeff Bezos sells $8.5 billion in Amazon inventory and meets Michael Saylor, sparking Bitcoin funding rumors.
- Mysterious 26,200 BTC transaction suggests a high-profile investor, probably Bezos, might be getting into Bitcoin.
- Bezos’s funding in Bitcoin isn’t backed by proof, making the hypothesis fairly widespread inside the crypto group.
The cryptocurrency world is full of hypothesis following a number of monetary actions made by the founding father of Amazon, Jeff Bezos, which have generated rumors that he would possibly spend money on Bitcoin. The chatter gained momentum after Apollo co-founder Thomas Fahrer hinted on X about Bezos’s current actions, suggesting a big transfer into the cryptocurrency house.
In line with the report, Jeff Bezos has just lately offered Amazon shares amounting to $8.5 billion, and this transfer has, in flip, attracted the eye of monetary analysts and crypto followers. Regardless of the sale, Bezos continues to be the principle shareholder in Amazon, and his wealth is past $190 billion. This motion happens when Amazon’s market value grows significantly, leaping over 76% within the earlier 12 months.
Additional fueling the rumors, Bezos was noticed at a dinner occasion together with his fiancée, Lauren Sanchez, and with Michael Saylor, a Bitcoin supporter and the CEO of MicroStrategy. Saylor’s firm has appeared within the information as a result of its big Bitcoin portfolio, declaring that cryptocurrency might have been a topic between the 2 moguls. Contemplating Saylor’s affect and success inside cryptocurrency, this assembly has solely added to the curiosity about Bezos’s potential enterprise into Bitcoin.
Moreover, InvestAnswers, a crypto analyst, pointed to a brand new Bitcoin pockets transaction involving 26,200 BTC, valued at $51K every, probably linked to a high-net-worth particular person like Bezos. This hypothesis is grounded within the timing and scale of Bezos’s inventory gross sales, mixed with the enigmatic but substantial Bitcoin buy, main many to surprise concerning the investor’s id behind it.
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