Ibukun is a crypto/finance writer interested in passing relevant information, using non-complex words to reach all kinds of audience. Apart from writing, she likes to see movies, cook, and explore restaurants in the city of Lagos, where she resides.
Anthony Pompliano supposed that Facebook CEO may be telling the world that he is a Bitcoin Maximalist through his pet names.
Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg has stirred reactions across the crypto community after revealing the names of his two pet goats – Max and Bitcoin. Zuckerberg posted a picture of his two goats on Facebook, stating their names and getting reactions from social media users.
‘Max’ and ‘Bitcoin’ Names May Lead to BTC Price Jump
Amid the buzzing reaction generated from Zuckerberg’s post on Max and Bitcoin on Facebook, there appeared new predictions for BTC price.
Some analysts insist on a price pump in the nearest future.
You have two weeks to accumulate as much $BTC as you can before Mark Zuckerberg announces that he and Facebook have purchased Bitcoin during their annual shareholders meeting
The pump will be glorious pic.twitter.com/5pRTqFqYaH
— LilMoonLambo (@LilMoonLambo) May 11, 2021
Notably, the Facebook 2021 Annual Shareholder Meeting is scheduled for the 26th of May, by 10:00 am PST.
In addition, the co-founder of Morgan Creek Digital, Anthony Pompliano, also reacted to Zukerberg’s goat names. Pompliano inquired if the Facebook CEO is telling the world that he is a Bitcoin Maximalist through his pet names.
Although Bitcoin critic Peter Schiff said that Zukerberg is “likely” making a joke, some crypto lovers remain positive. A crypto analyst named Thinking Crypto noted in a tweet that Bitcoin would surge after Facebook announces its acquisition. Bitcoin is currently at $57,250. Referring to the BTC rise after EV company Tesla (NASDAQ: TSLA) announced its Bitcoin investment, the analyst said:
“…get ready for the Mark Zuckerberg Facebook pump!”
Among the several interpretations to Zuckerberg’s post on Max and Bitcoin is a bearish comment by the CEO of Compound Labs, Robert Leshner. According to Leshner, Zuckerberg’s statement means that “he will be eating Bitcoin Max(imalists) for dinner.
In 2019, Zuckerberg killed one of his goats with a laser gun and a knife. The matter was revealed by the CEO of Twitter Inc (NYSE: TWTR), Jack Dorsey, who said Zuckerberg served him the goals as dinner.
Facebook Debunks Rumor on BTC Investment
As it stands, the Facebook CEO may be passing a message with his post, and at the same time, may just be looking to trigger reactions on social media. Zuckerberg’s post came after there were rumors that Facebook had invested in Bitcoin. Ahead of the company’s 2021 Q1 earnings report, Bitcoin investor Alistair Milne said that Facebook would reveal its BTC holdings during the announcement.
However, the social media giant did not mention any Bitcoin investment while reporting its financial results for the quarter. Also, Facebook jumped 7% after the company recorded a 48% increase in 2021 Q1 revenue.
At the time of writing, Facebook stock is down 0.17% to $306 in after-hours trading. FB has grown nearly 46% in the last twelve months. In addition, the company has also gained 12.22% since the year began. Also, FB stock has increased by 13.76% in the last three months. Despite the gains, however, Facebook shares have dropped more than 1% over the past month. The company’s stock has also lost 3.72% in the last five days.