Home Crypto Elon Musk Says He Owns Bitcoin, Ethereum and Dogecoin, With Tesla and...

Elon Musk Says He Owns Bitcoin, Ethereum and Dogecoin, With Tesla and SpaceX Holding BTC for the Long Run

Tesla CEO Elon Musk is pulling again the curtain on his crypto portfolio.

In a brand new dialogue at the digital B Word Conference, Musk says that he personally owns Bitcoin (BTC), Ethereum and Dogecoin (DOGE).

The CEO additionally confirms that Tesla and his different tech firm SpaceX each hold Bitcoin on their steadiness sheets.

“I do personal Bitcoin and Tesla owns Bitcoin. SpaceX owns Bitcoin. And I do personally personal a little bit of Ethereum and Dogecoin, after all.”

Musk says that Tesla will seemingly begin accepting Bitcoin funds once more as soon as the mining course of turns into extra environmentally pleasant. He says a verifiable shift away from coal and towards renewable power could also be underway.

“I wish to do some extra due diligence to substantiate that the share of renewable power utilization is most probably at or above 50% and that there’s a development towards rising that quantity. If so, Tesla will resume accepting Bitcoin.”

Musk not too long ago mentioned the risk of a brand new Dogecoin improve and shared his concepts for how the cryptocurrency can enhance its funds system.

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Featured Image: Shutterstock/sdecoret

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