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Michael Dell Shows Interest in Bitcoin

Michael Dell Shows Interest in Bitcoin

Michael Dell, the founder and CEO of Dell, has expressed interest in the leading cryptocurrency on the social network X.

“Scarcity creates value,” he wrote.

The post caught the attention of MicroStrategy founder Michael Saylor, who described Bitcoin as “digital scarcity.”

In response, Dell retweeted Saylor’s message to his own profile.

The following day, the CEO of Dell posted an image of Cookie Monster from the television show “Sesame Street,” devouring digital gold instead of cookies.

“Bitcoin is for everyone,” Saylor wrote in response.

According to Forbes, Dell ranks 14th among the world’s wealthiest individuals, with a net worth of $109 billion.

In June, MicroStrategy acquired an additional 11,931 BTC for $785 million.

Earlier, the company announced plans to issue its own securities a week ago. The initial threshold was set at $500 million, but the firm later raised it to $700 million. 

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