Dell Remains Bitcoin-Free in Q2 Despite CEO Michael Dell’s Bullish Crypto Hints
It seems that many assumed Dell would join the group of enterprises holding Bitcoin on their books when it released its Q2 figures. However, an analysis of Dell Technologies’ second-quarter filings reveals that the company may not have acquired any Bitcoin in Q2, despite the company’s CEO recently posting cryptic crypto memes.
In the August 29 filing, Dell reported strong sales, driven by significant AI growth. However, there was no mention of Bitcoin (BTC), currently down to $59,585, either in the earnings call or in the filing.
There were rumors that the tech giant might have been planning to buy some Bitcoin after the company’s CEO, Michael Dell, expressed strong positivity about crypto on his social media profiles.
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