Michael Dell's Bitcoin Bet: What $1000 Invested 2 Years Ago Would Be Worth Today
Benzinga•1 year ago•
990

Michael Dell's Bitcoin Bet: What $1000 Invested 2 Years Ago Would Be Worth Today

Bitcoin
Crypto
Investment
Dell
Tech
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Summary:

  • Michael Dell, CEO of Dell Technologies, has shown interest in Bitcoin, sparking speculation about a potential investment by Dell Technologies.

  • Dell's recent poll on X, where Bitcoin received the most votes, has further fueled these speculations.

  • Investing $1000 in Bitcoin two years ago would be worth $3,280 today, outperforming a similar investment in Dell Technologies shares, which would be worth $2,954.

  • Dell's interest in Bitcoin follows a trend of tech giants like Elon Musk showing support for cryptocurrencies, signifying their potential impact on the future of finance.

Michael Dell, CEO of Dell Technologies, has sparked excitement in the crypto community with his recent pro-Bitcoin stance. After sharing a pro-Bitcoin post from Michael Saylor on X, Dell conducted a poll where Bitcoin received the highest number of votes, exceeding even AI. This has led to speculation that Dell Technologies might be considering adding Bitcoin to its balance sheet, similar to Michael Saylor's MicroStrategy. This speculation is fueled by the impressive returns Bitcoin has delivered in the past two years. Investing $1000 in Bitcoin two years ago would be worth $3,280 today, outperforming a similar investment in Dell Technologies shares which would be worth $2,954. While Dell hasn't made any official announcements about Bitcoin investments, his public interest in the asset has invigorated the crypto community, particularly given his billionaire status. This follows a trend of tech giants like Elon Musk showing support for cryptocurrencies, signifying their potential impact on the future of finance.

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