On Monday (May 10), Facebook Co-Founder, Chairman, and CEO Mark Zuckerberg got the crypto community excited by posting a photo of two of his goats, one of which is named “Bitcoin”.
Here is a tweet that has a screenshot of this post:
Mark Zuckerberg named his goat "Bitcoin" pic.twitter.com/msWSgHKCaZ
— Documenting Bitcoin ?? (@DocumentingBTC) May 10, 2021
Of course, the reason for this excitement was not because the Facebook CEO likes goats but because he could be hinting that either he likes/owns Bitcoin, that Facebook has invested (or is about to invest) in Bitcoin for use as a treasury reserve asset, or both.
Here are a few reactions from the crypto community on Twitter:
#GOAT > Zuckerberg's ??
named #Bitcoin pic.twitter.com/wutTKHuOuq
— MAGS ?? (@Crypto_Mags) May 10, 2021
If you thought the @elonmusk @Tesla pump was something, get ready for the Mark Zuckerberg #Facebook pump! #Bitcoin #HODL pic.twitter.com/Ro1WN3MJCx
— Thinking Crypto – YouTube Channel & Podcast (@ThinkingCrypto1) May 11, 2021
Mark Zuckerberg has a goat named Bitcoin and a company with $20 billion of cash on their balance sheet.
You do the math.
— Kevin Rooke (@kerooke) May 10, 2021
Currently (as of 05:00 UTC on May 11), on Coinbase, Bitcoin is trading around $55,405, down 6.66% in the past 24-hour period.
DISCLAIMER
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
