The founder of Dell may consider investing in BTC
ChainCatcher news, according to Cointelegraph, Dell Technologies founder and CEO Michael Dell posted on the X platform stating that "scarcity creates value," a phrase often used to describe Bitcoin's limited supply, which caught the attention of Bitcoin supporter Michael Saylor. Dell then retweeted Saylor's reply, accompanied by an image of the Cookie Monster eating Bitcoin, further sparking market expectations that he might invest in Bitcoin personally or through his company.Before this news was released, Dell had already cashed out $2.1 billion in Dell Technologies Class C common stock, while the company's stock has appreciated nearly fivefold since returning to the public market at the end of 2018. Currently, Dell's net worth is approximately $120 billion, ranking him 14th on the global billionaire list. This gives him enough capital to enter the Bitcoin market, especially against the backdrop of rising U.S. debt potentially negatively impacting the value of the dollar.