It is claimed that Dell Technologies CEO and founder Michael Dell, who was previously rumored to buy Bitcoin, may again buy a large amount of BTC.
Michael Dell sold 10 million shares of his company worth about $1.22 billion in September, his second major sale. In a filing with the SEC on September 30, Dell said he had divested 10 million shares and was left holding more than 16.91 million shares worth more than $2 billion at the time of publication.
It is not yet known why Dell sold such a large amount of its company stock, but the sale has revived investors' speculation that Dell may be investing in Bitcoin.
Experts say that the potential investment of Michael Dell, one of the richest individuals in the world, could significantly affect the BTC and cryptocurrency markets, and that there is no official statement that Michael Dell has purchased Bitcoin yet.
Therefore, until an official statement is made by Dell or its founder Michael Dell, news about Bitcoin investment will continue to be speculative.
Dell CEO Michael Dell has previously expressed positive views on Bitcoin, describing it as legitimate digital gold on social media, which has led to speculation about a possible investment in Bitcoin.
Also in June, Dell expressed interest in Bitcoin and retweeted a message from Bitcoin bull Michael Saylor that sparked discussions about digital scarcity.
*This is not investment advice.