Over the past weekend, speculation about a possible investment by Qatar in Bitcoin (BTC) has gained momentum. Rumors suggest that the country may have added the digital asset to its reserves. This speculation was given credence by a post on X (formerly Twitter) from Skybridge Capital founder Anthony Scaramucci, hinting at Qatar’s involvement. As the rumor mill churns, the Bitcoin price has witnessed a dramatic surge today, eclipsing the $65,000 mark.
Did Qatar Buy Bitcoin Worth Over $3 Billion?
The origin of the speculation traces back to September 2023 when The Emir of Qatar, His Highness Tamim Bin Hamad, made a notable visit to El Salvador and the country’s president Nayib Bukele. The visit, purportedly to discuss Bitcoin adoption among other investment avenues, sparked initial rumors, but failed to produce any official confirmation regarding Qatar’s Bitcoin engagement.
The Emir of Qatar has landed in El Salvador!
Agenda: #Bitcoin legal tender, mining, $BTC bonds,
We współpracy z: https://bitcoinist.com/did-qatar-buy-bitcoin-the-3-billion-mystery/
