Could Dell be seeking to pull a script from MicroStrategy's playbook?

Source Fxstreet
  • Billionaire Michael Dell drew the crypto community's attention after reposting a comment by Michael Saylor.
  • Michael Dell went on to post a meme of a cookie monster eating Bitcoin following Saylor's comment.
  • Dell may be hinting at Bitcoin adoption following the trail of comments between him and Saylor.

Following a series of X posts on Friday indicating a potential interest in Bitcoin, several crypto community members speculated that Michael Dell and his company could be looking to employ the MicroStrategy Bitcoin playbook.

Michael Dell hints at Bitcoin adoption

Michael Dell, founder and CEO of Dell Technologies (DELL), has shown interest in Bitcoin after a series of X posts involving him and Michael Saylor on Friday.

Also read: Bitcoin Weekly Forecast: Is BTC out of the woods?

The two garnered the attention of crypto community members after Dell reposted Saylor's comment on an initial post he made. On Thursday, Dell made a post stating, "Scarcity creates value." This drew Saylor's attention, who replied, "Bitcoin is digital scarcity."

Observers have been watching both parties' comments, and many have speculated that Dell might be considering acquiring the digital asset.

A few hours later, Dell launched an X poll asking what the next big breakthrough in tech will be. From a list that included AI, Quantum Computing and Space Tech, Blockchain quickly grabbed the highest votes.

Read more: German government’s Bitcoin transfer sends BTC price lower after MicroStrategy almost triggers rally

As if that wasn't enough, Dell went further and posted a meme picture of Sesame Street's Cookie Monster eating Bitcoin. This attracted more questions from crypto community members, who seemed to be reading between the lines.

The big question among speculators is now whether Dell wants to add Bitcoin to his company's balance sheet just like Saylor has been doing at MicroStrategy.

Dell Technologies is currently valued at over $100 billion, and Michael Dell is its majority shareholder, holding 58.9% of the company's shares.

Also read: Bitcoin price continues to plummet as whale activities deepen

His recent posts about Bitcoin suggest that he may be following a script from MicroStrategy's playbook. MicroStrategy's shares rose 3% on Thursday following the acquisition of an additional 11,931 Bitcoin.

Bitcoin is trading around $64K, down 1.5% in the past 24 hours, as Michael Dell's move hasn't positively impacted its price as many would expect.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
On the Eve of Nonfarm Payrolls, How Will Employment Data Affect Stock Market Trends and Rate Cut Expectations?TradingKey - The U.S. Bureau of Labor Statistics will release the February non-farm payroll (NFP) data at 8:30 AM ET on March 6. This release comes as the market is oscillating between Middle East geo
Author  TradingKey
12 hours ago
TradingKey - The U.S. Bureau of Labor Statistics will release the February non-farm payroll (NFP) data at 8:30 AM ET on March 6. This release comes as the market is oscillating between Middle East geo
placeholder
Gold slumps below $5,100 as US Dollar gainsGold price (XAU/USD) tumbles to near $5,085 during the early Asian session on Friday. The precious metal loses ground amid a stronger US Dollar (USD). The US employment report for February will take center stage later on Friday. 
Author  FXStreet
21 hours ago
Gold price (XAU/USD) tumbles to near $5,085 during the early Asian session on Friday. The precious metal loses ground amid a stronger US Dollar (USD). The US employment report for February will take center stage later on Friday. 
placeholder
How to Survive Bitcoin Winter? Will It Still Fall Below $60,000 in 2026?Recently, after meeting with the CEO of Coinbase, Donald Trump pressured Congress to push for the CLARITY Act. Driven by this news, Bitcoin (BTC) prices once surged past $73,000, successf
Author  TradingKey
Yesterday 09: 55
Recently, after meeting with the CEO of Coinbase, Donald Trump pressured Congress to push for the CLARITY Act. Driven by this news, Bitcoin (BTC) prices once surged past $73,000, successf
placeholder
US Dollar Index gathers strength to near 99.00 on Middle East tensions, robust US services data The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.00 during the early European trading hours on Thursday. The DXY edges higher amid uncertainty and persistent geopolitical risks in the Middle East.
Author  FXStreet
Yesterday 08: 21
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.00 during the early European trading hours on Thursday. The DXY edges higher amid uncertainty and persistent geopolitical risks in the Middle East.
placeholder
Gold rises as safe-haven demand increases on Iran warGold price (XAU/USD) extends its gains for the second successive session on Thursday as traders seek safety amid the ongoing war in the Middle East.
Author  FXStreet
Yesterday 06: 24
Gold price (XAU/USD) extends its gains for the second successive session on Thursday as traders seek safety amid the ongoing war in the Middle East.
Related Instrument
goTop
quote