- Jeff Bezos sells $8.5 billion in Amazon inventory, meets with Michael Saylor, and rumors of Bitcoin funding floor.
- The mysterious 26,200 BTC transaction suggests {that a} high-profile investor, maybe Bezos, could also be entering into Bitcoin.
- Bezos' funding in Bitcoin will not be supported by proof, making this hypothesis quite common throughout the crypto neighborhood.
The crypto world is filled with hypothesis following some monetary strikes made by Amazon founder Jeff Bezos, with rumors circulating that he may spend money on Bitcoin. The dialog gained momentum after Apollo co-founder Thomas Farrar hinted to X about Bezos' current actions, hinting at a significant transfer into the crypto area.
Jeff Bezos not too long ago bought a complete of $8.5 billion price of Amazon inventory, in response to a report, a transfer that has caught the eye of monetary analysts and crypto fanatics. Regardless of the sale, Bezos stays a significant shareholder in Amazon, along with his wealth exceeding $190 billion. This motion comes at a time when Amazon's market worth has elevated considerably, exceeding his 76% within the earlier 12 months.
Including gasoline to the rumors, Bezos was noticed attending a dinner occasion along with his fiancée Lauren Sanchez and Bitcoin supporter Michael Saylor, CEO of MicroStrategy. That's what occurred. Saylor's firm has been within the information for its huge Bitcoin portfolio, noting that cryptocurrencies might have been a scorching matter between the 2 tycoons. Given Saylor's affect and success in cryptocurrencies, the assembly solely heightened curiosity about Bezos' potential efforts in Bitcoin.
Moreover, cryptocurrency analyst InvestAnswers mentioned: pointed A brand new Bitcoin pockets transaction containing 26,200 BTC price $51,000 every seemingly includes high-net-worth people like Bezos. The hypothesis is predicated on the timing and scale of Bezos' inventory gross sales, in addition to his mysteriously giant Bitcoin purchases, main many to query the id of the traders behind it.
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