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Elon Musk reveals how much bitcoin he owns

Posted on October 24, 2022 by admin

Elon Musk reveals how much bitcoin he owns

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Answer Elon Musk reveals how much bitcoin he owns

Many eyes and ears are watching businessmen and celebrities and would like to explore their way of life and how they deal with situations and what is going on around them.

Elon Musk, one of the famous businessmen, stated yesterday that he owns Bitcoin, and since he is a billionaire, he is expected to own a lot of Bitcoin.

Elon Musk tweeted in the past years about bitcoin, to reveal today when he owns bitcoins.

Many expect to own dozens or hundreds of bitcoins because he has a lot of money, but his statement disappointed many cryptocurrency enthusiasts.

The CEO of Tesla – one of the richest men in the world with a net worth of $40 billion – has revealed that he owns just 0.25 Bitcoin.

Read:Binance adds the option to trade Ethereum futures contracts with up to 50x leverage

This means that Musk has only $2,500 worth of bitcoin at today’s prices.

In an interview with the author of the book “Harry Potter,” Elon Musk told Elon that Bitcoin can be useful. and stated With a tweet:

The massive issuance of coins by government central banks makes bitcoin look powerful in comparison.

But then he added the amount he already owns, prompting crypto dignitaries to crack jokes about his bitcoin holdings.

Tyler Winklevoss, CEO of Gemini, a New York-based cryptocurrency exchange, asked Elon about how he would pay for things on Mars, referring to the plans of spaceX, which intends to deliver humans to the Red Planet in one of its rockets.

So how are you going to pay for things on Mars?

– Tyler Winklevoss (@tylerwinklevoss) May 15, 2020

While Ari Paul, co-founder and CIO of Block Capital, joked about the small amount the billionaire owns, tweeting the following:

One day you will get full bitcoin if you keep going like this.

Read:The Compound project is now leading the DeFi market

It’s okay, Elon. Keep stacking. One day you will get full BTC if you keep at it.

– Ari Paul ⛓️ (@AriDavidPaul) May 15, 2020

While Francis Beaulieu, CEO of Canadian bitcoin platform Paul Bitcoin, told Musk:

Anything important is better than zero!

I’m not sure if I should be impressed with your clever display of operations security – or sad that your hard-earned fortune isn’t being stored in the super cash tool you deserve.

But as we like to say: “Anything is better than zero!”

– Frλ͎ncis ☣️ (bullbitcoin.com) (@francispouliot_) May 15, 2020

Read:April Fool’s Day causes a trader to lose all his cryptocurrency!

Elon Musk’s opinion on Bitcoin:

This year, the founder of “SpaceX” clarified his position on Bitcoin and the crypto market, telling listeners of a podcast that he believes that Bitcoin is a very smart currency, but he warned about its risks and its use by forbidden people, but also added that it can be an effective alternative to cash.

While he was told last March that his cryptocurrency is Dogecoin.

Elon Musk is known for his controversial statements, which often caused his company to lose billions of its stock value.

Read also:

Elon Musk: This is my opinion of Bitcoin

Tesla founder Elon Musk reveals his favorite cryptocurrency


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