Category: elon musk bitcoin

Elon Musk Hints Tesla Owns About 42K Bitcoins

Elon Musk Hints Tesla Owns About 42K Bitcoins

Tesla CEO Elon Musk has hinted how many bitcoins Tesla owns after revealing that the fair market value of its bitcoin holdings was $1.47 billion as of June 30. Tesla Holding About 42K Bitcoins Tesla’s technoking, Elon Musk, has commented on how many bitcoins his electric car company owns in response to a rough calculation […]

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Tesla’s Bitcoin Holdings Back in Profit After BTC Breaks $40K

Tesla’s Bitcoin (BTC) holdings were barely afloat amid the global crypto decline. Tesla had bought $1.5 billion worth of BTC at approximately $35,000 at the beginning of 2021. However, they sold 10 percent, i.e., over $270 Million in the first quarter during the month of April when BTC was priced at $55k. Nevertheless, now that […]

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Elon Musk Reveals Spacex Owns Bitcoin, He Personally Owns BTC, Ethereum, Dogecoin — ‘I Might Pump but I Don’t Dump’

Elon Musk Reveals Spacex Owns Bitcoin, He Personally Owns BTC, Ethereum, Dogecoin — ‘I Might Pump but I Don’t Dump’

Spacex and Tesla CEO Elon Musk has revealed that he personally owns bitcoin, ethereum, and dogecoin. Meanwhile, his companies, Spacex and Tesla, own bitcoin. He also said that bitcoin’s energy usage “is shifting a lot more toward renewables,” and Tesla will likely resume accepting the cryptocurrency after he does more due diligence. Elon’s Cryptocurrencies: Bitcoin, […]

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Elon Musk’s Comments Help Bitcoin (BTC) and Ethereum (ETH) Rally, But Key Resistance Still Intact

Tesla chief and billionaire Elon Musk weighed in on Bitcoin speaking at the B-word conference on Wednesday, July 21. Musk’s positive commentary on Bitcoin (BTC) and his declaration of holding Ethereum (ETH) served as a booster shot to the two largest crypto assets. Bitcoin (BTC) is up 7.74% at press time trading at $32,034 with […]

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B-Word Conference Live Updates – Musk reveals SpaceX owns Bitcoin (BTC)

The much-awaited B-Word conference is currently live and underway with Elon Musk revealing and confirming many speculations. Musk revealed SpaceX also owns Bitcoin on its balance sheet along with Tesla and himself. Musk also revealed that he owns Ether, Dogecoin along BTC in his portfolio. Musk also said he is an “overall supporter of Bitcoin.” […]

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The B-Word Conference Starts in Few Hours, Here’s What to Expect

The highly anticipated B-Word Conference is all set to start later today at 9 am PDT. The conference is Bitcoin centered where some of the most notable names in the crypto field would discuss possible ways in which institutions can incorporate Bitcoin in their system. The conference would offer a live experience and a library […]

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“This Time He Is Mostly Right”- FTX CEO On Elon Musk

FTX CEO and co-founder, Sam Bankman Freid defended Elon Musk’s recent comments on Bitcoin (BTC) and Ethereum (ETH) asking the community to be “less tribal”. However, the 29-year old CEO does not agree with Elon’s calls to replace the top two cryptocurrencies with Dogecoin (DOGE). In a thread of tweets sent out 15 hours after […]

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Is It Game Over for Tesla In China? Will Tesla Sell Bitcoin [BTC]?

Tesla’s Bitcoin enthusiasm was short-lived as the leading electric car manufacturer suspended the Bitcoin payment option within a month of announcement. Elon Musk, the CEO of the company cited Bitcoin’s rising environmental concern as the key reason behind scraping BTC payment for Tesla cars. However, many pointed that Musk’s claims on Bitcoin don’t add up […]

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Elon Musk Sides With Dogecoin (DOGE), Calls BTC & ETH Slow

Elon Musk has done it again for his favorite DOGE, with a tweet about DOGE’s transaction efficiency. Musk tweeted today, comparing DOGE’s rate of transactions to BTC and ETH multilayer transactions capabilities. According to Musk DOGE has a faster mode of transaction because the meme currency is focusing on, “maximizing base layer transaction rate & […]

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Dogecoin (DOGE) Price Crash Below Key Support and Even Elon Musk Can’t Help

Dogecoin (DOGE) price slumped further 7% today registering a new weekly low of $0.2138 as the downtrend continued for the meme currency. The altcoin failed to hold onto the key support level of $0.227 and analysts believe the downtrend might continue further. Once the fourth-largest cryptocurrency has slipped below XRP to settle for the seventh […]

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