Press release

Dell Remains Bitcoin-Free in Q2 Despite CEO Michael Dell’s Bullish Crypto Hints


  • By Grand News Network
  • |
  • September 2, 2024
Dell results show no signs of Bitcoin despite CEO’s bullish comments

It seems that many assumed Dell would join the group of enterprises holding Bitcoin on their books when it released its Q2 figures. However, an analysis of Dell Technologies’ second-quarter filings reveals that the company may not have acquired any Bitcoin in Q2, despite the company’s CEO recently posting cryptic crypto memes.

In the August 29 filing, Dell reported strong sales, driven by significant AI growth. However, there was no mention of Bitcoin (BTC), currently down to $59,585, either in the earnings call or in the filing.

Dell Remains Bitcoin-Free in Q2 Despite CEO Michael Dell’s Bullish Crypto Hints
Source: Michael Dell

There were rumors that the tech giant might have been planning to buy some Bitcoin after the company’s CEO, Michael Dell, expressed strong positivity about crypto on his social media profiles.

TO READ FULL ARTICLE: CLICK HERE

The post Dell Remains Bitcoin-Free in Q2 Despite CEO Michael Dell’s Bullish Crypto Hints appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.


Disclaimer: The views, recommendations, and opinions expressed in this content belong solely to the third-party experts. This site was not involved in the writing and production of this article.


Disclaimer Press Release Banner
Copyright © 2024 | All rights reserved