Cryptocurrencies have been used as investment tools by many business people, especially Elon Musk. Mark Zuckerberg signaled yesterday that he is among the investors with his Bitcoin post.
Mark Zuckerberg named his goat Bitcoin
Mark Zuckerberg announced in a photo posted yesterday that they named bitcoin after one of the goats he feeds. This was met with surprise by many, bringing to mind the possibility of Zuckerberg investing in Bitcoin.
Facebook, which entered the cryptocurrency market with Libra and developed the Diem cryptocurrency payment system, has been silent about the cryptocurrency market for some time. 1 Libra will be $1, the company said, adding that Facebook users will also experience the ease of payment with cryptocurrency.
Zuckerberg allegedly invested in Bitcoin, although no details have yet been provided. The fact that Bitcoin has increased by about $400 in one day is rumoured to be due to Zuckerberg’s sharing.
Some cryptocurrency analysts claim Zuckerberg made the social media post to add value to Bitcoin. The 2021 Facebook shareholder meeting is approaching, analysts said and is related to the meeting in two weeks.