Dell News

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.

Many expected Dell to add itself to a list of companies with Bitcoin on their balance sheets as it filed its Q2 earnings report.

The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products.

Weak tech corporate earnings, spot Bitcoin ETF inflows and the potential arrival of a new major investor drove Bitcoin price above $63,000.

Dell's message on X follows his $2.1 billion cash out from his Dell Technologies Class C common stock holdings.

The Iota Foundation joined Dell alongside ClimateCHECK and BioE to fight climate change using real-time carbon footprint data.

Qtum, Status and Iota recently broke free of their long term downtrends after each network added new features and announced new partnerships.

VMware, a Dell subsidiary that brought in $10B in revenue last year, has launched its enterprise-focused blockchain platform.