The rumor that Facebook’s 2021-Q1 earnings report would show that they’ve got bitcoin on their books has been all over the news since yesterday.
The rumor picked up velocity, in part, because the social media company has tried to move into the crypto space before.
It ultimately failed after several big name partners, like PayPal, Visa, Mastercard and Stripe, decided to leave the project.
On its earnings call, Facebook went on to report revenue of $26.17 billion for the quarter, a 48% compared to last year.