Facebook Investments in Bitcoin Not Confirmed

6

Get real time updates directly on you device, subscribe now.

On the evening of April 28, the bitcoin rate on the Binance crypto exchange increased by 4.3% per hour, to a local peak of $ 56.4 thousand, after which it began to fall sharply. On the morning of April 29, the cost of bitcoin dropped to $ 53.4 thousand. As of 10:30 Moscow time, the first cryptocurrency is traded at $ 54.4 thousand, writes RBC Crypto.

A sharp rise in prices and its subsequent collapse occurred against the backdrop of the publication of financial statements of Facebook. Earlier, rumors began to circulate on the network that the social network had acquired bitcoins. Alistair Milne, an investor and partner at Morgan Creek Digital, was the first to announce this. The senior analyst at Messari Mira Cristanto also made this possible. The information was published by various news sources, including Fox Business TV channel.

However, Facebook’s quarterly report does not mention Bitcoin or other cryptocurrencies, or the company’s plans to buy them.

Earlier, Tesla disclosed in financial statements that it sold 10% of bitcoins for $ 272 million, fixing a profit of $ 101 million. The automaker’s CFO Zach Kirkhorn emphasized that Tesla intends to preserve its current assets in cryptocurrency, as well as continue to accumulate coins received as payment for cars.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.