Speculation about Jeff Bezos’ rumored $600 million wedding budget has stirred discussions online, even prompting a suggestion from Bitcoin advocate Michael Saylor.
Saylor proposed that Bezos should consider investing such a sum in Bitcoin, emphasizing the significant stake it could secure in the cryptocurrency.
However, Bezos promptly dismissed the rumors in a public statement, labeling the claims as entirely false. In his response, Bezos clarified that not only is the $600 million figure inaccurate, but there is no wedding happening as reported.
The story, initially fueled by outlets like the Daily Mail, even caught the attention of billionaire investor Bill Ackman, who voiced skepticism about the staggering figure on social media platform X. Bezos replied to Ackman’s post, reiterating that the entire narrative was fabricated.
Expanding on the issue, Bezos reflected on the challenges of misinformation in the digital age, paraphrasing a famous quote often linked to Mark Twain. He remarked, “Falsehoods can circle the globe before the truth gets a chance to respond. Stay vigilant and don’t believe everything you read.
Standard Chartered believes sovereign wealth funds and government-linked institutions are increasingly turning to indirect strategies to gain Bitcoin exposure—supporting the bank’s bold forecast of BTC reaching $500,000 before 2029.
BitMEX co-founder Arthur Hayes believes America’s ballooning debt may become an unlikely tailwind for Bitcoin, predicting that the leading cryptocurrency could surge to $250,000 before the year ends—and reach $1 million by 2028.
Germany may have cost itself over $2 billion by offloading a massive Bitcoin stash too early.
After weeks of tepid action, demand for U.S.-listed spot Bitcoin ETFs surged on Monday, with net inflows reaching $667.4 million—the strongest daily total in over two weeks.