Rumor has it that Apple bought $ 2.5 billion in Bitcoin: report

After the crypto Twitter boom, rumors are circulating that Apple is buying $ 2.5 billion worth of Bitcoin that the company will be releasing this news soon as we can see more in today’s bitcoin news.

Galaxy Trading is one of the companies that fueled the rumor when it said the figure was over $ 2 billion. While ChainLeak CEO Joshua Roomsburg put the alleged acquisition at $ 2.5 billion, adding that if the rumors were true, he would buy an iPhone to commemorate the event. When Tesla announced it would sell $ 1.5 billion in Bitcoin.

There are rumors #Apple will announce today that it has earned $ 2.5 billion #Bitcoin

When that happens, I’ll buy the newest product # iPhone phone TODAY! I won’t use it, I’ll only keep it as a souvenir when #BTC Start, it climbs to $ 100,000. ⏳ Imagine What Alts Would Do! pic.twitter.com/YyNWSUzz7V

– Joshuwa Roomsburg ️ (@JoshRoomsburg) July 12, 2021

Expect a similar trend to follow when Apple reveals it is buying BTC too. But if that’s true, for every tweet confirming the rumor, a lot of people will whisper it. OnChain Capital CEO Ran Neuner responded by claiming that this won’t happen any time soon:

“If negative probabilities happen, I would give Apple a chance to buy 2.5 billion #bitcoins.”

The escalation of the lawsuit against DevOps engineer Alexander Ross highlighted that Apple was too aware and unable to cause anything controversial, adding that BTC investments may be a step too far.

“Apple doesn’t do anything controversial. They are very brand conscious. Bitcoin doesn’t fit its brand ethos at this point. I didn’t want anything more, but it’s too rebellious against them and too many opportunities for people to use them against them. “

Rumor that #Apple bought over $ 2 billion #Bitcoin ????

– GalaxyTrading???? (@GalaxyTraging) July 12, 2021

Even so, many rumors suggest that Apple supports the cryptocurrency. But whether that extends to the $ 2.5 billion investment is another question. Apple has even advertised a job as a Business Development Manager for “Alternative Payments” and one of the most important requirements for the job is more than 5 years of experience working with other payment providers, including: Cryptocurrencies:

“More than 5 years of experience working for or with alternative payment providers such as digital wallets, BNPL, instant payments, cryptocurrencies, etc.”

In 2019, Apple Pay VP Jennifer Bailey said Apple thinks crypto is interesting and will be looking at it with enthusiasm. Aside from the recent job posting, Apple hasn’t taken any steps on BTC and crypto. RBC Capital Markets Analyst Mitch Steves Believes Apple Could Generate Over $ 40 Billion From Crypto:

“Apple’s installation base is 1.5 billion, and even assuming 200 million retail users, that’s 6.66 times larger than Square. As a result, the potential revenue potential will exceed $ 40 billion per year (a 15% increase). “

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