- Elon Musk’s recently announced statement that he is more than willing to accept payments in the form of BTC has come across as celebratory news.
- Musk also amusingly added that he might even consider investing in Dogecoin one day.
- On the other hand, Michel Saylor, the CEO of MicroStrategy, recommended that Tesla follow MicroStrategy and translate its wealth into BTC.
ELON MUSK! The Tesla/SpaceX CEO just excelled Jeff Bezos to Become World’s Richest Man recently. The name is now a regular in every household, with every generation.
Elon Musk’s confirmatory tweet about Bitcoin
Musk has been usually represented as one who has held an ambivalent attitude towards Bitcoin. Today, he ended the speculations in context to it while responding to a tweet posted by author Ben Mezrich yesterday. Mezrich is famous for his book The Accidental Billionaires (adapted for film as The Social Network).
Mezrich tweeted a statement declaring his acceptance for Bitcoin and how he will never decline payments in terms of Bitcoin. Responding to the separate tweet, Musk affirmed to the former by saying: “me neither.”
In the same thread on Twitter, Musk made another significant revelation via his Twitter feed. One of the users conveniently asked him if he has any ownership in terms of Dogecoin. Musk’s immediate response was the declaration that he doesn’t own any now, but it could be a potential option for investment in future for him. As mentioned earlier, the claim turned out to be surprising for many as Musk’s Twitter bio once stated: “Former CEO of Dogecoin,”.
Michel Saylor’s intervention in the respective episode
The Tesla CEO has been incredibly forthright about his interest in crypto recently. He even shared a very amusing meme about Bitcoin, calling it his “safe word”.
Just a few hours after the tweet mentioned above, Michel Saylor reverted to the thread by proclaiming his absolute faith in the potential of Bitcoin. Musk’s response was timid as he enquired the possibility of multi-billion dollar Bitcoin transactions, to which the MicroStrategy CEO responded with an ultimate flex. He stated that he had already invested worth over $1.3 billion in the respective asset. Saylor has accomplished enormous affirmation in the form of a significant investment by Morgan Stanley (10.9% of MicroStrategy’s shares).
On the other hand, Anthony Scaramucci, the Former Whitehouse Communications Director, came forward as another recent high-profile institutional supporter of Bitcoin. His firm SkyBridge’s Bitcoin Fund precipitated so much interest that 6000 people wished to join its launch call.
Bitcoin’s historic rise has been attributed to the pandemic over the last year. It has successfully attracted the interest of influential institutions along its journey. The proclaimed interest has further contributed to the current value, an all-time high of $40,000.
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