Facebook Rumoured to Hold Bitcoin, Expected to Reveal It Making Q1 Earnings Report Tomorrow

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Alistair Milne says that tomorrow making its Q1 earnings report Facebook will reveal that it holds Bitcoin on its books.

It was not so long ago when Tesla Inc (NASDAQ: TSLA) made headlines with its investment in BTC. But now there is another giant that is expected to reveal its relations with Bitcoin. We are talking about Facebook Inc (NASDAQ: FB). There appeared some rumours that tomorrow Facebook will reveal not only its earnings report but also its Bitcoin holdings.

There is no official confirmation yet but Bitcoin investor Alistair Milne is sure that it will really happen so. He posted a tweet telling that tomorrow will be a big day. The Twitter community got quite excited and asked for sources. However, no source was provided.

Though now it sounds as a rumour, Facebook is not an alien in the crypto world. With its Libra (that was later rebranded to Diem) project it has already attracted the attention of the global crypto community. And Mike Novogratz, the CEO of Galaxy Digital, is one of those who see a lot of prospects for Facebook.

Earlier,  it became known that he had bought FB shares “because Facebook is going to come out with the Novi wallet sometime this quarter. All of a sudden you’re going to have 2.4 billion people connected to this crypto space, and it’s going to be a public equity way to participate in payments and in blockchain through their Diem project and their Novi wallet,” explained he.

That’s a breaking story that will be updated with more info soon.

Bitcoin News, Cryptocurrency news, News, Social Media

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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