Truth Behind the Sudden Emergence of Bitcoin ATM at Elon Musk’s Tesla Gigafactory

Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic
  • The Bitcoin ATM installed at the facility seems to be gaining attention over the Internet
  • The news of this LibertyX Bitcoin ATM broke when a Twitter user Will Reeves shared the same on his handle
  • LibertyX, on August 15, tweeted about the installation of ATMs at the Gigafactory

Bitcoin ATMs have been around for some time now. But still, any new installation of a Bitcoin ATM makes news. The same happened when a LibertyX Bitcoin ATM was installed at the Tesla Fremont Gigafactory situated in Nevada. 

What’s the Noise All About?

The Bitcoin ATM installed at the facility seems to be gaining attention over the Internet. The news of this LibertyX Bitcoin ATM broke when a Twitter user Will Reeves shared the same on his handle. The local media house, Finbold, stated they tried reaching LIbertyX for the comment, but couldn’t get one. However, the Google Maps show the ATM as functioning and available to buy-sell bitcoins 24/7. 

Truth Behind the Bitcoin ATM at Tesla

The Internet can change the narrative of anything overnight within an event’s moments and sometimes not paying attention for long. The LibertyX Bitcoin ATM at the Tesla unit is the case of the latter. When our researcher dug deeper on the matter, they found the news that’s been making all the noise over the Internet in the past hours is just noise.

LibertyX, on August 15, tweeted about the installation of ATMs at the Gigafactory. They even suggested Elon Musk invite Dave Portnoy, Owner of DDGT Global, to the Tesla headquarters in the tweet. And while on the matter, advised Elon to purchase more bitcoins, commenting that 0.25 BTCs aren’t enough. LibertyX said now that the Bitcoin ATM is installed at the Gigafactory Nevada, Elon can practically purchase them without leaving home. 

The above discussion took place ahead of NASA’s plan to extract rare and precious metals from a giant asteroid in space. Elon Musk and Dave Portnoy discussed the same on Fox news.

Elon Musk has made news for being related to cryptocurrencies from time to time. Be it allegations of him being Satoshi Nakamoto or his support for the cryptocurrencies. Although allegations of him being Satoshi were baseless and soon dropped. 

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