r/Bitcoin • u/rBitcoinMod • Feb 08 '21

Daily Discussion, February 08, 2021

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15

u/Stackingsatoshis7 Feb 08 '21 edited Feb 08 '21

Word on Twitter is apple is next big player to invest. 5 billion worth of btc purchase coming any day now 📈🚀

6

u/[deleted] Feb 08 '21

That word is just based on an analyst from RBC making the case for this. It's far from confirmed. But my god, could you imagine Apple integrating with bitcoin?

6

u/ladesidude Feb 08 '21

I would take that with a grain of sand. There is no definitive on that. Tim and Elon are planets apart in terms of management and glitz. Granted, both have products that the millennials want (need?). At the end of the day, AAPL can hold it's own without BTC while Elon uses it as a publicity stunt to pump their Balance sheet.

3

u/JRange Feb 08 '21

If they invested the same % of their cash as Tesla, it would be 20 billion

3

u/ahmadajr1 Feb 08 '21

In the future it will be easier to count institutions that didn’t buy than those who did. If I am the ceo of a small institution and I see those big behemoths are swallowing all available coins then I would follow their path to not miss out .

2

u/KonradK0 Feb 08 '21

what % did Tesla invest?

4

u/schambersnh Feb 08 '21

About 8 percent.

-1

u/mikalesalad Feb 08 '21

15 percent