Did Mark Zuckerberg buy bitcoin?
2 min read
Rumours are persistently circulating on Twitter that the co-founder of Facebook Mark Zuckerberg has bought bitcoin.
It seems to have stemmed from a tweet by High Stakes Cap, later removed, that claimed Zuckerberg had made a personal investment in BTC using the private family office Candy Capital to avoid publicity.
Although the rumour has been shared by many other Twitter profiles, it has not yet been confirmed or denied.
Incidentally, a few days ago, the CEO of Facebook sold 56,250 shares in the company, earning $15.5 million.
However, Zuckerberg has been selling some of his shares every month since August, so the sale a few days ago is not an exceptional event.
Nevertheless, he still owns about 10% of Facebook shares, worth more than $1 billion.
Why Mark Zuckerberg may have bought Bitcoin
Although there is no confirmation, the hypothesis that Zuckerberg has bought bitcoin is far from absurd.
Quite the contrary, he has been publicly admitting for almost two years that he is interested in blockchain technology, and given Facebook’s involvement in the Libra, now Diem, project, it is highly unlikely that the co-founder of Facebook is totally detached from the crypto world.
Furthermore, given that it is conceivable that his knowledge of the crypto sector might in fact be particularly in-depth, it is entirely safe to imagine that he might also be somewhat of a bitcoin enthusiast, if not a silent supporter.
So far, he has never publicly expressed his position on this, but considering for instance the exposure to Bitcoin of his rival Jack Dorsey, co-founder of Twitter, it would not be surprising if he too was a BTC supporter.
At this point, we are waiting for an official statement from him via his personal Facebook profile, www.facebook.com/zuck.
If no denial is forthcoming, it is probably conceivable that there is some truth to these rumours.
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