Accéder au contenu principal

Is Jeff Bezos The Latest Member?

The cryptocurrency community is abuzz with speculation that Jeff Bezos, the mastermind behind Amazon, may be the latest high-profile entrant into Bitcoin investment. This conjecture was ignited by Thomas Fahrer, Apollo co-founder, who suggested on X (formerly Twitter) that Bezos’s recent financial maneuvers could be indicative of a significant interest in BTC.

Bitcoin: Has Saylor Orange-Pilled Bezos?

Fahrer’s post provocatively asked, “Is Jeff Bezos piling into Bitcoin right now? Mingling with Michael Saylor? Just liquidated $8.5 billion in Amazon stock? Sitting on cash? Unlikely, he’s sharper than that. Bitcoin’s price pump, hinting at billionaire FOMO? Something’s up,” highlighting Bezos’s recent $8.5 billion liquidation of Amazon stock and his dinner with BTC advocate Michael Saylor as potential evidence of this new venture.

The dinner, detailed in a news report, saw Bezos and his fiancée Lauren Sanchez celebrate with a litany of celebrities and moguls, including Saylor, a well-known Bitcoin bull. This rendezvous has fueled speculation about Bezos’ interest in the digital currency, especially since Saylor is possibly Bitoin’s biggest and most eloquent proponent. It’s easy to imagine that Bitcoin was at least a brief topic of conversation given MicroStrategy’s recent success thanks to its massive BTC holdings.

Bit Paine, a figure of authority in the BTC community, added to the speculation with a tongue-in-cheek comment, “Last time Bitcoin hit $0.06M, Do Kwon was buying with fake Ponzi cash. This time Jeff Bezos is buying with money he found in the couch on his yacht.”

This was complemented by InvestAnswers, a known crypto analyst, who highlighted the creation of a new Bitcoin wallet that saw a transaction of 26,200 BTC at $51K each, suggesting it could belong to a high net worth individual like Jeff Bezos, Mark Zuckerberg, or even a sovereign wealth fund, given the wallet was not associated with any ETFs.

The root of this speculation lies not just in Fahrer’s or analysts’ comments but in Bezos’s recent activities in the financial market. Bezos offloaded about 50 million Amazon shares in February, totaling around $8.5 billion. This move comes after a significant appreciation in Amazon’s stock price, which surged more than 76% over the past year. Despite this massive sale, Bezos remains the largest shareholder in Amazon, with a net worth soaring over $190 billion.

The timing and scale of Bezos’s stock sales, juxtaposed with the anonymous yet colossal Bitcoin purchase, have led to widespread speculation. “Monster $1.3BN Bitcoin buy – Looks bullish, perhaps SWF, Jeff Bezos, Zuck, or some other HNW individual,” noted InvestAnswers, highlighting the scale and potential impact of such a transaction on the BTC ecosystem.

Despite the wild speculation, there is no concrete evidence directly linking Bezos to BTC investments. The community is left parsing for more clues.

At press time, BTC traded $62,566.

BTC price, 1-week chart | Source: BTCUSD on TradingView.com

Featured image from Euronews.com, chart from TradingView.com




Source link

The post Is Jeff Bezos The Latest Member? appeared first on Job From Home Blog.

Libellés :

Commentaires

Enregistrer un commentaire

Posts les plus consultés de ce blog

Opendoor Technologies, Diversified Healthcare Trust, Ashford Hospitality Trust among real estate gainers

Opendoor Technologies, Diversified Healthcare Trust, Ashford Hospitality Trust among real estate gainers Source link The post Opendoor Technologies, Diversified Healthcare Trust, Ashford Hospitality Trust among real estate gainers appeared first on Job From Home Blog .
Enregistrer un commentaire
Lire la suite

17 Proven Ways to Make an Extra $1,000 a Month in 2023

Are you looking to make extra money on your own schedule? We all need more money sometimes, and this list of proven ways to make an extra $1,000 a month is going to detail how you can do it without the need to get a full-time job. These niche side hustles and passive income ideas can be started in your spare time and are ideal for students, stay-at-home moms, or anyone needing extra cash. Let’s dive in! How to Make an Extra $1,000 a Month (in Mostly Passive Income) All you need to get started earning extra cash is a few hours a day to spend getting your new income stream off the ground. First, we’ll take a look at how to make an extra $1,000 a month passive income. These side hustles require work upfront but will continue to pay you with minimal effort to maintain. 1. Personal Website A personal website or blog is one of the best ways to make an extra $1000 a month, and you can even start for free with the Weebly website builder. Learn more in this Weebly review. You can bl
Enregistrer un commentaire
Lire la suite

How This 40-Year-Old Sold His Ecommerce Business for 6 Figures By Cold Calling 3 Buyers

Erin Shine comes from a family of entrepreneurs, so it’s not very surprising that he followed in his family’s footsteps. Starting in college, he developed a passion for renewable energy and energy efficiency, which he pursued throughout his career. He eventually started his own e-commerce store selling energy-efficient lighting and built it up to seven figures in profit before selling it for 6 figures. Over the years, he’s started other businesses with varying levels of success. Currently, he has an ambitious new venture: building out and renting or selling net zero homes, which he documents on his blog, Attainable Home , and YouTube channel. Keep reading to find out: How he got into real estate and energy efficiency Why he created his e-commerce business How he built it up to 7 figures in profit What other businesses he’s created What he learned from his many business ventures How he sold his e-commerce business What he aims to do with his blog How he was impacted by th
Enregistrer un commentaire
Lire la suite