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Cryptocurrency

2024

<p><strong>Billionaire Jeff Bezos, the founder of Amazon, is once again making headlines. In recent days, he has been massively liquidating shares of the company he founded. Amidst speculation about the motives behind these transactions, some wonder if the plan to acquire bitcoin (BTC) might be at the heart of it all.</strong></p>
<h2 id="h-bezos-sells-2-03-billion-of-amazon-shares">Bezos sells $2.03 billion of Amazon shares!</h2>
<p>Jeff Bezos, the visionary behind Amazon, has recently taken a significant financial step. He has sold approximately $2.03 billion worth of his company shares over the past few days.</p>
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<p>If the <a href="https://www.cnbc.com/2024/02/15/jeff-bezos-sells-over-2-billion-in-amazon-stock-third-time-this-month.html" target="_blank" rel="noopener noreferrer nofollow">operation</a> is drawing attention, it’s because it’s the third time this month Jeff Bezos has decided to liquidate a significant portion of his Amazon shares. According to recent reports, Jeff Bezos sold approximately 12 million Amazon shares at an average price of $169.50 per share.</p>
<p>These transactions are part of a trading plan initiated in November, which allows the CEO to potentially get rid of 50 million company shares. Remarkably, his total sales for February have now surpassed $6 billion, indicating the scale of his divestment strategy.</p>
<p>Essentially, this seems to diverge from Jeff Bezos’s usual financial maneuvers. But it is important to remember that this is his first major sale of Amazon shares since May 2021, the same year he stepped down as CEO.</p>
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     <p lang="en" dir="ltr">Top signal? Couple weeks/months before peak?<a href="https://t.co/cBbhDuMNti" rel="noopener noreferrer nofollow">https://t.co/cBbhDuMNti</a></p>— Dirk.crypto | Intelligent Cryptocurrency (@dirkcryptodiggy) <a href="https://twitter.com/dirkcryptodiggy/status/1758337001018048616?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 16, 2024</a>
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<h2 id="h-is-it-to-buy-bitcoin-btc">Is it to buy bitcoin (BTC)?</h2>
<p>This is the question on the minds of the crypto community, knowing that such a divestment policy doesn’t happen by chance. It might be aimed at investments in bitcoin (BTC).</p>
<p>As a reminder, bitcoin (BTC) is currently demonstrating convincing dynamism that is swaying even the most skeptical of investors towards crypto. It is worth about $52,000 presently, and many are optimistic about the leading cryptocurrency’s potential.</p>
<p>Nevertheless, there is complete uncertainty regarding the purpose of Jeff Bezos’s recent liquidations. However, some sources discuss the motivations behind them. They particularly talk about the billionaire’s relocation plans.</p>
<p>In November 2023, he announced his intention to leave Seattle for Miami, citing reasons such as the proximity to his space exploration company, Blue Origin, and the desire to be closer to his fiancée Lauren Sanchez’s family. This decision could also have significant tax implications. No one is talking about crypto or a potential desire to <a href="https://www.cointribune.com/en/are-you-more-of-a-bitcoin-or-ethereum-person/" target="_blank" rel="noopener noreferrer nofollow">take a position in bitcoin (BTC).</a> However, this possibility cannot be completely ruled out.</p>

Is Jeff Bezos abandoning Amazon to adopt Bitcoin?

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