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Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin and that Tesla may be close to accepting BTC payments again after looking into BTC’s sustainability.
Musk appeared alongside Ark Invest CEO Cathie Wood, Twitter CEO Jack Dorsey and moderator Steve Lee from Square Crypto. Musk did not reveal any additional details about SpaceX’s purchase apart from saying:
“I do own Bitcoin; Tesla owns Bitcoin; SpaceX owns Bitcoin; and I do personally own a bit of Ethereum and Dogecoin of course.”
He did add that: “We’re not selling any Bitcoin, nor am I selling anything personally or nor is SpaceX selling any Bitcoin.”
The statement confirms longstanding speculation that the space infrastructure company was adding Bitcoin to its reserves. In mid-March, Anthony Scaramucci claimed in a tweet that he believed Musk did not stop with just Tesla’s purchase.
“Elon Musk didn’t stop with Tesla. I understand that SpaceX owns bitcoin on its balance sheet. Elon owns over $5 billion in bitcoin via Tesla, SpaceX, and personally.”
In other trending Crypto News today: Ethereum Could Skyrocket Over 860% in 2022, Predicts Top Crypto Analyst!
Based on Ethereum’s 2017 price action, Kaleo predicts that ETH will stage a parabolic rally from its high timeframe support en route to a new all-time of $18,000 by July 2022. The potential move represents an increase of over 862% from Ethereum’s current price of $1,870.
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Ethereum Could Skyrocket Over 860% in 2022, Predicts Top Crypto Analyst