Michael Dell, the seemingly Bitcoin-curious founder of his namesake tech firm, sold 10 million shares of his company for the second time in September.
Dell News
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Many expected Dell to add itself to a list of companies with Bitcoin on their balance sheets as it filed its Q2 earnings report.
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The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products.
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Weak tech corporate earnings, spot Bitcoin ETF inflows and the potential arrival of a new major investor drove Bitcoin price above $63,000.
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Dell's message on X follows his $2.1 billion cash out from his Dell Technologies Class C common stock holdings.
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The Iota Foundation joined Dell alongside ClimateCHECK and BioE to fight climate change using real-time carbon footprint data.
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Adam Dell, brother of the billionaire Michael Dell, has pinched an impressive team to help get the project started.
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Qtum, Status and Iota recently broke free of their long term downtrends after each network added new features and announced new partnerships.
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VMware, a Dell subsidiary that brought in $10B in revenue last year, has launched its enterprise-focused blockchain platform.
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Distributed ledger technology provider Iota, Dell Technologies and the Linux Foundation are collaborating to score data based on trustworthiness.
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IBM has tripled the number of blockchain-related patents it holds in the U.S. this year, dwarfing other US blockchain bulls.
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