- Max Kaiser claims to have heard from an anonymous source that Oracle will be the next company to buy Bitcoin.
- Oracle co-founder Larry Ellison is Tesla’s second largest shareholder, which lends legitimacy to the rumor.
According to RT host Max Kaiser’s anonymous sources, Larry Ellison, the well-known American investor and co-founder of Oracle, could follow in Elon Musk’s footsteps in a timely manner. As Kaiser reports, Oracle, just like Tesla, could be looking to invest in Bitcoin. At least this is what Kaiser wrote via Twitter a few hours ago.
SOURCE: Next big corporate #BTC buyer is Larry Ellison, Oracle
— Max Keiser (@maxkeiser) February 9, 2021
One fact that could support Kaiser’s claim is the fact that Larry Ellison has been on Tesla’s board since December 2018 and is the company’s second largest shareholder after Elon Musk. For Ellison, the bet has paid off big-time, as he has earned more than $12 billion from the investment over the past three years.
Another argument that supports the speculation is that Musk met with Ellison in Hawaii in late December. The crypto community speculates that this must have been shortly after Elon Musk’s 1.5 billion Bitcoin investment, and both entrepreneurs talked about that very topic.
Just meeting with Larry Ellison to seek some advice. Back working on Tesla end of quarter tomorrow.
– Elon Musk (@elonmusk) December 28, 2020
Last but not least, Keiser claims in his podcast that the same source who told him about Tesla’s bitcoin purchase has now tipped him off about Ellison’s alleged plan to invest in Bitcoin.
Anyway, Oracle is no stranger to the blockchain industry. The company began dabbling in blockchain technology in 2018, launching its own Blockchain-as-a-Service solution for enterprises in July 2018. The platform is built on the Linux Foundation’s Hyperledger Fabric, which provides all the necessary infrastructure components.