DiscoverCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News640: ELON MUSK REVEALS SPACEX OWNS BITCOIN AND HE PERSONALLY OWNS BTC - ‘I MIGHT PUMP BUT I DON’T DUMP’
640: ELON MUSK REVEALS SPACEX OWNS BITCOIN AND HE PERSONALLY OWNS BTC - ‘I MIGHT PUMP BUT I DON’T DUMP’

640: ELON MUSK REVEALS SPACEX OWNS BITCOIN AND HE PERSONALLY OWNS BTC - ‘I MIGHT PUMP BUT I DON’T DUMP’

Update: 2021-07-22
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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."

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640: ELON MUSK REVEALS SPACEX OWNS BITCOIN AND HE PERSONALLY OWNS BTC - ‘I MIGHT PUMP BUT I DON’T DUMP’

640: ELON MUSK REVEALS SPACEX OWNS BITCOIN AND HE PERSONALLY OWNS BTC - ‘I MIGHT PUMP BUT I DON’T DUMP’

Justin Verrengia