Elon Musk has once again talked about cryptocurrency during "The B word" conference. He's always influenced the prizes during the last months and it seems like it is not going to change.
Tesla, SpaceX and Elon holds Bitcoin
Let's remind you shortly the full story. Tesla has announced having Bitcoin, then it rises. After, we learned Tesla sold Bitcoin to "prove the liquidity" of this asset. Way after, Elon publicly said that the $BTC was not green and ecologically responsible. I will spare you the tweets about Doge or Shiba, of course.
B word conference has allowed us to know if Tesla was still holding $BTC. And the answer was positive, but the interesting part of it is that Elon said more about him and SpaceX. Indeed, he confessed it publicly and also added that he owns $ETH and $DOGE too. To compare, he only holds $TSLA stocks as SpaceX is not on the stock market.
A brutal switch
Once again, Elon Musk is showing that he wants to influence the cryptocurrency market and especially that he believes a lot in it. It also proves that he loves switching his position about Bitcoin when he sees that he has an opportunity to make money.
I don't know if the recent rise of the Bitcoin prize is related to this news but I think it had a little impact even if it is not the only reason explicating it. Seeing Elon defends Crypto is like a ray of hope while many other rich people, such as Warren Buffet, don't like it.
What cryptos were you expecting to be in Elon's portfolio ?
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