Key points:
- Jeff Bezos sells $8.5 billion in Amazon stock and meets Michael Saylor, sparking Bitcoin investment rumors.
- Mysterious 26,200 BTC transaction suggests a high-profile investor, possibly Bezos, could be entering Bitcoin.
- Bezos’s investment in Bitcoin is not backed by proof, making the speculation quite common within the crypto community.
The cryptocurrency world is filled with speculation following several financial movements made by the founder of Amazon, Jeff Bezos, which have generated rumors that he might invest in Bitcoin. The chatter gained momentum after Apollo co-founder Thomas Fahrer hinted on X about Bezos’s recent activities, suggesting a significant move into the cryptocurrency space.
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. 🤔 pic.twitter.com/C4Aq3QKUPR
According to the report, Jeff Bezos has recently sold Amazon shares amounting to $8.5 billion, and this move has, in turn, attracted the attention of financial analysts and crypto followers. Despite the sale, Bezos is still the main shareholder in Amazon, and his wealth is beyond $190 billion. This action occurs when Amazon’s market price grows considerably, jumping over 76% in the previous year.
Further fueling the rumors, Bezos was spotted at a dinner event with his fiancée, Lauren Sanchez, and with Michael Saylor, a Bitcoin supporter and the CEO of MicroStrategy. Saylor’s company has appeared in the news due to its huge Bitcoin portfolio, pointing out that cryptocurrency could have been a subject between the two moguls. Considering Saylor’s influence and success within cryptocurrency, this meeting has only added to the curiosity about Bezos’s potential venture into Bitcoin.
Additionally, InvestAnswers, a crypto analyst, pointed to a new Bitcoin wallet transaction involving 26,200 BTC, valued at $51K each, possibly linked to a high-net-worth individual like Bezos. This speculation is grounded in the timing and scale of Bezos’s stock sales, combined with the enigmatic yet substantial Bitcoin purchase, leading many to wonder about the investor’s identity behind it.
