Billy Markus, co-founder of Dogecoin, humorously shared he owns 0.0006 BTC.
Markus is known for his sarcastic social media posts, adding uncertainty to the accuracy of his disclosed holdings.
Bitcoin advocate Anthony Pompliano attributes the recent value surge to a demand shock meeting a supply shock.
Billy Markus, co-founder of the widely popular Dogecoin, has taken to Twitter to reveal details about his Bitcoin holdings and the amusing scenario that would transform him into a cryptocurrency millionaire.
Markus disclosed that he currently holds 0.0006 BTC in his crypto portfolio. However, in his trademark ironic style, he quipped that for him to achieve millionaire status, Bitcoin would need to soar to an astronomical value of 166.6 million each. It’s important to note that Markus is known for his humorous and sarcastic posts on social media, adding a layer of uncertainty to the exact extent of his Bitcoin holdings.
While revealing one’s cryptocurrency holdings on social platforms is generally discouraged due to security concerns, Markus has maintained a light-hearted approach, keeping the crypto community guessing about the authenticity of his disclosures.
Dogecoin co-founder has expressed favoritism towards Bitcoin
Despite his jesting demeanor, Markus has previously expressed his favoritism towards Bitcoin and Ethereum, contrasting with his disdain for tokens based on Ethereum’s ERC-20 standard.
Earlier this year, Markus made headlines when he sold a portion of his Ethereum holdings at a loss to fulfill tax obligations. Interestingly, the Ethereum market experienced an uptick shortly after Markus’ sale, prompting speculation on potential missed profits.
Meanwhile, influential investor and Bitcoin advocate Anthony Pompliano, known as “Pomp,” attributes the recent surge in Bitcoin’s value to a demand shock meeting a supply shock.
Pomp asserts that the overwhelming demand for Bitcoin, surpassing the available supply, forces institutional buyers to present higher bids, propelling the cryptocurrency’s rapid ascent.