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Topic: Qatar's sovereign wealth fund eyes $500B bitcoin investment (Read 147 times)

legendary
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The OP is just trying to get some traffic to his site using a clickbait title, nothing more. Anyone who even for a moment thought otherwise lives in a fairy tale world - no one invests half a trillion $ in Bitcoin, and even if they wanted to, it would be a bit problematic to carry out that transaction because all mined BTC are worth a little more than $850 billion.
legendary
Activity: 1092
Merit: 1024
Hello Leo! You can still win.
to quash all speculation
they are not going to throw $500B into bitcoin

the entire fund is $475b and they are divested into many many investments. recently buying into southern china's region of retail

in short NO they are not going to be throwing 100's of billions into bitcoin.. the original story writer used the numbers of entire fund thats divested into thousands of investments. and saying bitcoin has peaked their interest. meaning only small percentages of small percentages.. not the whole lump
I thought as much. I know many news are hyped and presented more than it happened. I know the Arabic investors are able to throw mind blowing money into projects in the name of investment. I have read their road map of investment and I didn't see any clear picture of bitcoin. The Saudi side are huge in sports and entertainment as they have taken lead in football trying to match the strength of Europe. This means Qatar should also toe the lane of sports and entertainment.
In all there's a news of Bitcoin investment, but not as op captioned it and nothing close to the price mentioned.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
All the articles mentioning this figure come from low-key websites rather than top media outlets, so I tend to agree with those that doubt it and point out that it's just a rumour and/or a misunderstanding.
Now that you've mentioned it, this would've blow up already in Twitter and other crypto news website because 500B investment prospect isn't just any amount and it comes from an unlikely country so yeah I'm with you when it comes to the doubts regarding this news story, maybe there's more to this but I doubt that, this is the first time I've seen the opposite of FUD.
legendary
Activity: 3094
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All the articles mentioning this figure come from low-key websites rather than top media outlets, so I tend to agree with those that doubt it and point out that it's just a rumour and/or a misunderstanding.
I googled Max Keiser, and his biography does not inspire any trust into the things he says. He's literally famous for working on an official Russian state-sponsored TV channel, so I wouldn't expect him to care about the accuracy of his statements.
If Qatar actually invested $500B into Bitcoin, it would be really interesting to discuss. But it doesn't seem to be the case.
legendary
Activity: 2828
Merit: 6108
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Well, the first person to give the wrong figure is Max Keiser, according to the news, although it's not the first time I've seen him be a big mouth.

There was a joke when I was young
- It is true that Ivan Ivanovici won car at the lottery?
- Yes, it's partially true, but it wasn't Ivan Ivanovici but Piotr Petrovici, and it wasn't a car but a bicycle, and he didn't win, it it was stolen from it! But the rest is true!

Same here, first the whole fund is $475 billion in total, second they plan to diversify it in a ton of areas, but most are technology investment, aka things that produce other tech things, and the cherry on top of that is that there is actual no plan whatsoever in buying Bitcoins.
As for the visits it's pretty simply and again nothin to do with Bitcoin, it's about gas!!!, Salvador has just increased it's LNG import capacity with the new FSRU ship, so guess where it plans to buying the extra gas from?

legendary
Activity: 1288
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Since a lot of people are dumb and will stick with the headline, let's hope it unleashes a bit of fomo, albeit on a false basis.
Of what use would this be?  Bitcoin needs natural growth, not misleading headlines for strange pumps.  This will only make Bitcoin image bad for a while.  Why hope for a pump started from mislead that can only end one way?

If you notice, I said 'a bit'. Although I generally agree with what you say, I think that at the moment we are in the 2023 ATH, 4 months away from the halving and in an upward trend, it is not bad for something like this to give a little push. In bear market the opposite happens, any FUD bullshit, even if it is false, can push the price down.
legendary
Activity: 2282
Merit: 1344
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Is this true?
This is my first time seeing a wealth fund that will invest or already invested in Bitcoin or any cryptocurrency-related investment.

I'm  just intrigued about sovereign wealth funds because in our country we have this new sovereign wealth fund which a lot of people are afraid because it could be use in some corruption.
hero member
Activity: 1218
Merit: 556
Leading Crypto Sports Betting & Casino Platform
Qatar's SWF investing in Bitcoin? Interesting. This investment paradigm shift raises important questions. Start with Bitcoin volatility. Yes, huge profits are possible, but so are severe downturns. Can QSWF handle this rollercoaster? Their huge investment raises a issue: will it stabilize Bitcoin's value or worsen market fluctuations?

The trend of institutional investors eyeing digital assets indicates a wider acceptance of cryptocurrencies. Acceptance comes with unknowns. How will regulators react? How will this affect traditional finance? We celebrate the potential of digital assets becoming popular, but we also face promise and uncertainty.
hero member
Activity: 2520
Merit: 783
to quash all speculation
they are not going to throw $500B into bitcoin

the entire fund is $475b and they are divested into many many investments. recently buying into southern china's region of retail

in short NO they are not going to be throwing 100's of billions into bitcoin.. the original story writer used the numbers of entire fund thats divested into thousands of investments. and saying bitcoin has peaked their interest. meaning only small percentages of small percentages.. not the whole lump

Some people got hype for that article but they don't even realize that there's only one person speculating that to happen and yet there's no confirmation by Qatar government if they really want to invest such huge amount of money on bitcoins.

But if they really have plan to do that for sure they will never think about throwing that all amount in single investment only. Since for sure they will look for another options and might throw only a small percentage for bitcoin. But eventhough with that still this is good news to hear since there are government officials in the world still considering to invest with bitcoin and that will be a good development to happen especially if other country leaders would see what Qatar officials do.
hero member
Activity: 784
Merit: 672
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I agree with all members who said that the Qatar sovereign wealth fund is not going to invest $500 billion or even $100 billion into Bitcoin but I'm pretty sure that if they are turning their investment toward the Bitcoin then they may invest in 10's of billions into it and that would surely have positive results for Bitcoin's price.

Bitcoin isn't going to reach $100k anytime soon because so many people will sell Bitcoin at $67k to $75k and that would be a tough point to break anytime soon. I know that in the full intensity of this bull run $100k will surely be crossed but not right now. I believe that those writers are showing wrong information because they want public's attention and nothing else.
sr. member
Activity: 896
Merit: 279
Qatar's sovereign wealth fund (QSWF) recently entered the volatile yet promising world of Bitcoin, signaling a significant shift in the global financial landscape.
qSWF's move is likely motivated by the significant income potential and growing acceptance of Bitcoin as a legitimate asset class.

The $500 billion investment, if realized, could have profound implications for the cryptocurrency market. Potentially increasing Bitcoin's value and cementing its status as a mainstream investment option. The move by qSWF also reflects the growing trend of institutional investors to diversify their portfolios by allocating funds to digital assets. Potential recognition for high returns and long-term value.Read


This is a Bullish update for the crypto space. Qatar is known for affluence and whatever they consider looking at takes a differernt turn. The Arab world has so much finance to throw around whatever they focus on, they do not want to be relegated to the background in any space they find themselves and if they have considered crypto as a worthy financial instrument then we can only say "the bullrun is yet to be upon us" as they will secure laods of asset with their reserves.

The way they spend money in acquiring players in the football space speaks volume about how they pursue whatever they believe in
hero member
Activity: 784
Merit: 1735
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Since a lot of people are dumb and will stick with the headline, let's hope it unleashes a bit of fomo, albeit on a false basis.
Of what use would this be?  Bitcoin needs natural growth, not misleading headlines for strange pumps.  This will only make Bitcoin image bad for a while.  Why hope for a pump started from mislead that can only end one way?

It would of been really bad if Qatar invested that much.  They would have owned a ton of Bitcoin and the only purpose they would buy it is to earn more money, so to sell it off later.  I am almost never fascinated by such movements.  Tell me Qatar adopts Bitcoin as a Currency and I am surprised.  This move?  They do it for the bucks.  Not to make you richer.
legendary
Activity: 2506
Merit: 3645
Buy/Sell crypto at BestChange
I have a lot of friends from Qatar and I know some officials in Qatar's sovereign wealth fund, which mainly focuses on investing in real estate and related investments, given that the country's area is very small, so there will be no direct investment in Bitcoin, and even indirect investments will be in the category of risky assets for them and will not Exceeding more than a few million dollars or a billion at best, they are waiting for more regulatory signals before they start seriously investing in this category.
legendary
Activity: 1288
Merit: 1491
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to quash all speculation
they are not going to throw $500B into bitcoin

the entire fund is $475b and they are divested into many many investments. recently buying into southern china's region of retail

in short NO they are not going to be throwing 100's of billions into bitcoin.. the original story writer used the numbers of entire fund thats divested into thousands of investments. and saying bitcoin has peaked their interest. meaning only small percentages of small percentages.. not the whole lump

Well, the first person to give the wrong figure is Max Keiser, according to the news, although it's not the first time I've seen him be a big mouth.

Max Keiser Expects Qatar to Buy $500 Billion Worth of Bitcoins

With those numbers, they will typically want to invest 1-3%, or 5% at most if they plan to invest aggressively, but no more. Since a lot of people are dumb and will stick with the headline, let's hope it unleashes a bit of fomo, albeit on a false basis.
legendary
Activity: 4214
Merit: 4458
to quash all speculation
they are not going to throw $500B into bitcoin

the entire fund is $475b and they are divested into many many investments. recently buying into southern china's region of retail

in short NO they are not going to be throwing 100's of billions into bitcoin.. the original story writer used the numbers of entire fund thats divested into thousands of investments. and saying bitcoin has peaked their interest. meaning only small percentages of small percentages.. not the whole lump
hero member
Activity: 2982
Merit: 678
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Not yet sure. But this news has been since 5 days ago. Here is one reference of the news.

--> https://blockonomi.com/huge-if-true-100k-bitcoin-god-candle-qatar-eyes-multi-billion-dollar-bitcoin-investment/

Well, it is a wealth fund so they should really look at assets they can invest in but if for Bitcoin. We need more news and confirmation from the Qatari government.
full member
Activity: 15
Merit: 1
Qatar's sovereign wealth fund (QSWF) recently entered the volatile yet promising world of Bitcoin, signaling a significant shift in the global financial landscape.
qSWF's move is likely motivated by the significant income potential and growing acceptance of Bitcoin as a legitimate asset class.

The $500 billion investment, if realized, could have profound implications for the cryptocurrency market. Potentially increasing Bitcoin's value and cementing its status as a mainstream investment option. The move by qSWF also reflects the growing trend of institutional investors to diversify their portfolios by allocating funds to digital assets. Potential recognition for high returns and long-term value.Read
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