Bitcoin’s Leap Past $65k Ignites Speculation Of Growing Qatari Involvement
On March 4, 2024, bitcoin’s value soared past $65,000, after lingering just below $63,000 the previous day, now nearing its record peak of $69,044 per coin set on Nov. 10, 2021, by a mere 6%. This significant uptick prompted widespread speculation on social media about a wealthy individual from Qatar investing in BTC, sparked by the sighting of a Qatari aircraft post-event.
In response to a query about the impact of Saudi Arabia and Qatar investing their oil and LNG profits into bitcoin, the CEO of Keychainx shared, “Ok, here is some alpha for you. Saw this Qatari private jet at Madeira airport [the] day after Saylor’s talk at [Bitcoin Atlantis], coincidence?” So far, the Keychainx CEO’s post on X has gathered more than 189,000 views.
Bitcoin evangelist Max Keiser shared a video of El Salvador’s President Nayib Bukele welcoming the Emir of Qatar and said “It’s happening!!” Anthony Scaramucci commented on the matter as well. “Max is saying Qatar may have added bitcoin to their balance sheet,” Scaramucci said. “If true all we can say is thank you Max Keiser.”
Numerous notable BTC enthusiasts have echoed speculations regarding the Qatari jet, a billionaire from Qatar, and the Emir of Qatar’s visit to Bukele. The authenticity of these claims remains uncertain, as they are purely speculative at this point. Nevertheless, this hasn’t halted the spread of rumors and conjecture, with discussions about Qatar and bitcoin dominating social media channels like X and online forums such as Reddit.
