Does Facebook own bitcoin?

Other crypto influencers who believe Facebook has Bitcoin ownership are Jason A. Williams and Mira Christanto. The rumor states that Facebook will unveil its investment today during its earnings report. Doubters of the rumor say that if Facebook had a stake in BTC, it would have likely already disclosed the information to the SEC.

Did Facebook announce bitcoin in Q1 report?

Various social media users had referred to the alleged Bitcoin investment in the hours leading up to the report's publication. Alistair Milne, CIO of the Altana Digital Currency Fund, claimed it was rumored that Facebook would announce Bitcoin holdings in its Q1 report in a tweet posted Tuesday.

Is Mark Zuckerberg into bitcoin?

Mark Zuckerberg has hinted that he could be into Bitcoin. This was deduced from one of his Facebook posts. Facebook’s CEO posted a photo of his two goats named ‘Max’ and ‘Bitcoin.’ Market speculators believed this was a hint that the CEO is finally warming up to Bitcoin.

Is Facebook already familiar with blockchain technology?

Facebook is already familiar with blockchain technology. The company announced its intentions to create a blockchain-based permissions system, complete with its own crypto, back in 2019. Facebook Diem is still in pre-release, but regardless, the company already has its hands in the burgeoning asset class.