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13.05.202102:30 Forex Analysis & Reviews: Mark Zuckerberg may own important savings in Bitcoin: Facebook plans to create a cryptocurrency project and buy BTC

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Exchange Rates 13.05.2021 analysis

Mark Zuckerberg posted a photo of his two goats during the other day, with the caption "Max and Bitcoin". The world community regards this photo as a sign that the CEO of Facebook has significant savings in Bitcoin.

Being an avid fan of everything related to technology, Zuckerberg did not hire David Marcus for nothing, since Mark is fully focused on creating a cryptocurrency project on Facebook. Zuckerberg and Facebook can be replenished with a large amount of Bitcoins, no less than MicroStrategy. Therefore, everyone is wondering if Mark Zuckerberg owns personal savings or if Facebook has Bitcoin in its portfolio and plans to make another grand deal.

Zuckerberg hired David Marcus for a reason, as the multi-billionaire has certain far-reaching plans for the leading digital asset. There has long been speculation that the Founder and CEO of Facebook owns Bitcoin and intends to add to his portfolio. It will be a grand event for the whole world if a huge company like Facebook buys Bitcoins, strengthening the demand for the digital asset, thereby raising the market value of BTC at least twice.

Since the beginning of 2021, there have been rumors that Facebook owns billions of dollars worth of BTC. Based on the 1st quarter earnings report in April, there were hints that the firm had purchased an extreme amount of BTC as a reserve cash asset. However, this has not been documented. Zuckerberg has always wanted to invest in the technology of the future, so it could be Bitcoin or Ethereum that is gaining momentum. He also has the option to purchase Bitcoins for his own family, not for Facebook, as it used to be. And although some people think that Zuckerberg likes to mock Bitcoin and its owners in general, Bitcoin does not need him, but the other way around.

Vitaly Kolesnikov
Analytical expert of InstaForex
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