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All You Need to Know About Jeff Bezos's $8.5B Amazon Sale & Buzzing Bitcoin Investment Speculations

Jeff Bezos caught in speculation whirlwind after substantial Amazon share sell-off and Bitcoin investment rumors.

Rumors abound in the cryptocurrency sphere following notable financial maneuvers by Jeff Bezos, the founder of Amazon. Speculation is rife: Bezos might be considering investing in Bitcoin, spurred by recent activities and hints dropped by industry insiders.

Bezos recently made headlines by selling a staggering $8.5 billion worth of Amazon shares, attracting keen interest from financial analysts and crypto enthusiasts alike.

Despite this significant divestment, Bezos remains the primary shareholder in Amazon, boasting a net worth exceeding $190 billion. This move coincides with Amazon's substantial market growth, with its stock price soaring by over 76% in the past year.

Dinner Meeting with Saylor Adds to Speculation

Adding fuel to the speculation, Bezos was observed attending a dinner event accompanied by his fiancée, Lauren Sanchez, and Michael Saylor, the CEO of MicroStrategy and a vocal proponent of Bitcoin.

Saylor's company has garnered attention for its extensive Bitcoin holdings, leading observers to speculate about potential discussions regarding cryptocurrency between the two influential figures.

Trading View says that given Saylor's prominent role and success in the cryptocurrency realm, Bezos's encounter with him has intensified curiosity surrounding the possibility of Bezos delving into Bitcoin.

Diving Into Details

Moreover, InvestAnswers, a crypto analyst, highlighted a substantial Bitcoin wallet transaction involving 26,200 BTC, each valued at $51,000.

A Crypto Briefing report states that the connection arises from Fahrer's tweet, which includes a photo of Bezos and his fiancée, Lauren Sanchez, taken during a birthday celebration. This photo originally appeared in a New York Post article published on June 12, 2023.

In the screenshot shared by Fahrer, the article mentions the presence of MicroStrategy CEO Michael Saylor at the same celebration. The event took place aboard a yacht docked at the port of Gustavia on Saint Barthélemy in France.

This transaction, possibly linked to a high-net-worth individual like Bezos, has further fueled speculation. The timing and scale of Bezos's stock sales and the mysterious yet significant Bitcoin purchase have prompted widespread speculation regarding the investor's identity behind this sizable transaction.

Photo: Microsoft Bing

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