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.
U.S. Bitcoin exchange-traded funds (ETFs) have experienced their most extended period of withdrawals since launching in January 2024, with over $5.5 billion in outflows over the past five weeks.
Strategy, formerly known as MicroStrategy, has continued its aggressive Bitcoin accumulation, acquiring an additional 130 BTC for approximately $10.7 million.
South Korea’s central bank has ruled out adding Bitcoin to its national reserves, citing its extreme volatility as a key concern, according to a report by Korea Economic TV.
Bitcoin is struggling to break past $84,000, and with the U.S. stock market facing a sharp correction, bearish predictions are mounting.