Dell did not mention Bitcoin in its second quarter earnings report and conference call this year
News on August 30, according to Cointelegraph, despite some cryptic posts about cryptocurrency recently made by Michael Dell, CEO of Dell Technologies Group, the company does not seem to have included Bitcoin in its balance sheet for the second quarter of this year. Previously in June, after Dell explicitly stated his optimism about cryptocurrency in a series of social media posts, people speculated that this tech giant might be considering buying some Bitcoin. However, in a document dated August 29th, the company disclosed strong earnings based on growing demand for artificial intelligence but did not mention Bitcoin either during its earnings call or in its performance documents.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Dow Jones Index closed down 498.5 points, with the S&P 500 and Nasdaq also declining.
All three major U.S. stock indexes closed lower.
Morph announces BGB tokenomics update, introduces quarterly burn mechanism and expands to DeFi and PayFi applications