The leading cryptocurrency bitcoin continues to receive strong interest from some of the biggest tech billionaires in the world. In a recent development, Facebook founder Mark Zuckerberg has hinted his support for Bitcoin in a public post shared on his Facebook timeline. Sharing an image of two goats, Zuckerberg wrote: “My goats: Max and Bitcoin.”
Mark Zuckerberg’s post spurred speculations among crypto enthusiasts.
This post from Zuckerberg about his goats spurred speculations that Facebook-founder could soon be or already has, joined the Bitcoin bandwagon. So what’s next? Zuckerberg announcing Bitcoin investment from Facebook’s balance sheet in the next quarter? Or it could be the billionaire investing from his personal wealth. Earlier, the crypto market was abuzz with speculations that Facebook will announce its Bitcoin investment during the Q1 2021 results. Although it didn’t turn out to be true, the latest post from Zuck will give rise to a fresh set of speculations. Facebook has been working hard to dabble into the crypto space since 2018.
Bitcoin continues to gain support from major institutions.
Some of the crypto industry players have welcomed the Facebook founder’s latest post. Skybridge Capital founder Anthony Scaramucci tweeted, “I knew Mark Zuckerberg would become a #Bitcoin-er when he hired David Marcus from PayPal to run Facebook’s crypto business. It’s been a long and winding road, but welcome to #Bitcoin. Great job, Zuck and David. Excited for what comes next.” Zuckerberg is not the first to extend support for Bitcoin. Earlier, tech giants like Elon Musk and Jack Dorsey have openly endorsed Bitcoin (BTC) even with their companies investing huge sums in the cryptocurrency. As reported earlier, Tesla announced its $1.5 billion investment in Bitcoin from its reserve cash.