Elon Musk Jokes about Giving Satoshi a Nobel Prize, Reveals Bitcoin Balance
Wall Street is abuzz with rumors that Apple might dip into its $245 billion war chest to purchase electric vehicle giant Tesla, but all Crypto Twitter wants to talk about is what Elon Musk thinks about bitcoin – and its pseudonymous creator.
Tesla CEO Doesn’t Have Much Crypto, But He Owns Bitcoin
Just one day after heaping praise on bitcoin during the latest episode of the ARK Invest podcast, Musk revealed that he still owns a relatively small amount of cryptocurrency. All of it, he said, is denominated in bitcoin.
Responding to a report that he had called bitcoin “brilliant” and said that crypto was a “far better way to transfer value” than paper money,” he stressed that he had not yet made the transition himself:
“That said, I still only own 0.25 BTC, which a friend sent me several years ago. Don’t have any crypto holdings.”
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