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Michael Dell Interested In Bitcoin, Says 'Scarcity Creates Value'...And Michael Saylor Agrees

Published 21/06/2024, 20:30
© Reuters.  Michael Dell Interested In Bitcoin, Says \'Scarcity Creates Value\'...And Michael Saylor Agrees
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Benzinga - by Khyathi Dalal, Benzinga Staff Writer.

Michael Dell, CEO of Dell Technologies (NYSE:DELL), indicated a possible interest in Bitcoin (CRYPTO: BTC) through a series of social media interactions with Bitcoin proponent Michael Saylor.

What Happened: Michael Dell retweeted a Bitcoin-supportive message from Michael Saylor, the executive chairman of MicroStrategy (NASDAQ:MSTR). The interaction started with a post from Dell stating, "Scarcity creates value," leading to Saylor’s reply, "Bitcoin is Digital Scarcity," which Dell retweeted.

The dialogue continued with Dell later sharing a digitally modified image of Sesame Street’s Cookie Monster, depicted as consuming Bitcoin instead of cookies.

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