Rumor has it that Apple will soon announce a Bitcoin purchase in $2.5 billion
Not long ago, Apple co-founder Steve Wozniak stated that he considers Bitcoin as “the most amazing mathematical miracle”. Although this news has not made a big impact on the price, the cryptocurrency community is still quite satisfied. And it seems to join the party, for some reason, there have been rumors recently that Apple may spend up to $2.5 billion to buy Bitcoin.
The crypto community is shocked by the news that Apple may spend $ 2.5 billion to buy Bitcoin
In recent days, on Twitter, there has been a piece of unconfirmed information about the technology giant Apple will soon announce the purchase of Bitcoin worth up to billions of dollars. Immediately, this rumor shocked the Bitcoin community in particular and cryptocurrency in general on Twitter.
There are no documents or photos to prove it, but for some reason, many reputable organizations or KOLs in the industry have spoken publicly about this rumor.
In it, the famous German trader and investor on Twitter, Galaxy Trading, thinks that the Bitcoin that Apple owns is worth more than $ 2 billion.
— GalaxyTrading? (@GalaxyTraging) July 12, 2021
And Joshuwa Roomsburg, CEO of ChainLeak, predicts that this amount must be up to $2.5 billion.
“If that happens, I’ll buy the latest iPhone TODAY! I won’t use it, I’ll just keep it as a souvenir for when BTC started it’s climb to $100k. Imagine what alts will do!”, he shared on Twitter excitedly.
However, he also expressed his sincere doubts about this. But the Bitcoin price forecast remains very positive. He thinks Bitcoin would go straight to $80,000 – $100,000 within weeks.
However, OnChain Capital CEO Ran Neuner denied this rumor. He insists this will not happen, at least for the time being. Also agreeing with Ran Neuner is DevOps engineer Alexander Ross when he thinks investing in Bitcoin is a step too far for Apple.
It is not that the crypto community is too blind, but most believe in rumors without any confirmation. The fact that Apple may have purchased or plan to invest in Bitcoin is not without foundation. Going back to 2019, Vice President of Apple Pay, Jennifer Bailey also shared that Apple finds cryptocurrencies very interesting and they are interested in them.
In addition, at the end of May, Apple posted a job advertisement for the position of Business Development Manager. Among the job, requirements are having over 5 years of experience working with alternative payment solution providers, including cryptocurrency.
“5+ years experience working in or with alternative payment providers, such as digital wallets, BNPL, Fast Payments, cryptocurrency and etc..”, the job description stated.
However, apart from hiring, Apple doesn’t have any other surefire moves for Bitcoin or the crypto market.
Until now, Apple has not confirmed or denied the rumors. Therefore, our chances are still 50/50. But, if this is true, it could certainly be an incredibly powerful bullish driver for Bitcoin in particular and the crypto market in general. Because Apple is a large technology corporation in the world. Their eye on the cryptocurrency market is a breakthrough for us.
This story is similar to when Tesla announced it was spending $1.5 billion to buy Bitcoin. By then, BTC was up 20% on the day. It was one of the events that contributed to the huge upside momentum for BTC, helping it reach an all-time high of $64,800 on April 11, 2021. Therefore, a lot of people are expecting Apple to do the same thing again.
Apple co-founder Steve Wozniak
El Sol de México reports, during the Jalisco Talent Land Digital 2021 event, when asked about Bitcoin, Wozniak called this cryptocurrency the most amazing mathematical miracle. At the same time, he also believes that the flagship cryptocurrency is more precious than gold because the latter is not scarce enough:
“Gold is limited and you have to look for it; Bitcoin is the most amazing mathematical miracle.”
Even though the 70-year-old tech entrepreneur doesn’t personally invest in the leading crypto, he is convinced that it has a place in the future. And although Wozniak’s words do not currently represent the corporation, he nonetheless contributed to the creation of a large Apple empire as it is now. And in addition to the rumors mentioned above, the cryptocurrency market is sure to be very active soon!
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