Elon Musk joins the Bitcoin fever Earlier this month, Tesla announced a $ 1.5 billion investment in Bitcoin. This is the coin loved by the CEO of Tesla Motors, Elon Musk. Indeed, the post led the cryptocurrency to the moon, as it spiked by 35% within minutes after the tweet was made. But Tesla made an even bigger splash when it revealed in an SEC filing earlier this year that it had invested $1.5 billion of its cash in bitcoin… In a tweet today, Musk noted t hat one of his companies, SpaceX, will put “a literal Dogecoin” on “a literal moon.” SpaceX is going to put a literal Dogecoin on the literal moon — Elon Musk (@elonmusk) April 1, 2021. A website that generates imitations of Beeple's art including ones featuring Tesla Inc (NASDAQ:TSLA) CEO Elon Musk and Dogecoin (DOGE) is on sale as … Tesla has already booked a $1 billion paper profit on the surprise Bitcoin investment it disclosed just two weeks ago, a Wall Street analyst says — even as chief executive Elon Musk said over… Bitcoin has now soared from $54,700 to above $56,000 at time of writing in the aftermath of Musk’s announcement, having defended support at $53,000 on Tuesday. Economic data provided by Econoday. Many crypto assets broke the above resistance barriers and formed new ATH every new day. Earlier this year, Elon Musk announced that he had turned into a Bitcoin supporter and that Tesla allocated a whopping $1.5 billion into Bitcoin. It was on December 20th that Musk tweeted a somewhat … Elon Musk Owns Bitcoin and Has Not Sold Any The news of Tesla selling some of its bitcoins went viral on social media and many people on Twitter are upset with Elon Musk… 5 Stocks to Buy for Bitcoin Exposure. It also noted it may soon accept bitcoin as payment for its cars. In a recent interview with Time, Michael Sayler said that he believed his Twitter conversation with Elon Musk late last year was what induced the Tesla CEO to make his huge Bitcoin buy. See also: Tesla Invests $1.5B in Bitcoin, Plans to Accept Crypto Payments, Image credit: Britta Pedersen/Getty Images Entertainment. Real yields, however, have been moving higher in recent weeks as investors fear the unprecedented amount of fiscal and monetary stimulus will bring back inflation. Tesla Billionaire Elon Musk Reveals How Much Bitcoin He Owns “When fiat currency has negative real interest, only a fool wouldn’t look elsewhere,” Musk tweeted on Thursday evening. https://finance.yahoo.com/news/elon-musk-lost-15b-single-033512633.html Dow Jones & Company Terms & Conditions. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. All rights reserved. According to experts, Musk acquired 43,000 bitcoins during various operations in … MicroStrategy this week announced plans to raise $900 million through a convertible debt sale, saying it would use the proceeds to buy more bitcoin. https://www.fool.ca/2021/02/16/elon-musk-is-buying-bitcoin-should-you-too TESLA BUYS $1.5B IN BITCOIN, WILL START ACCEPTING FOR CARS. Elon Musk’s Tesla Sold Bitcoin in Q1 for Proceeds of $272M, JPMorgan to Let Clients Invest in Bitcoin Fund for First Time: Sources, South Korea’s Top Financial Regulator Suggests All Crypto Exchanges Could Be Shut Down, Tesla Invests $1.5B in Bitcoin, Plans to Accept Crypto Payments, JPMorgan’s Bitcoin Journey: From ‘Worse Than Tulips’ to ‘Not My Cup of Tea’ to New Product, Bitcoin and the New Non-Governmental Monetary Reality, 2017 PTSD and the Dip That Ate Alt Season, What Biden’s Tax Hike Has to Do With Money Printing and Inflation, This Earth Day, Let’s Reclaim the Bitcoin Energy Debate, Elon Musk Buys Bitcoin: Everything You Need to Know About Tesla’s $1.5B Purchase, How Elon got to this moment, including his exchanges with MicroStrategy’s (MSTR) Michael Saylor, What critics of the Tesla community and the bitcoin community are likely to say, How this de-risks bitcoin purchases for other Fortune 500 companies, Why this is likely to have a significant impact on bitcoin’s narrative regarding climate change and energy use. “ When fiat currency has negative real interest rates are negative When the of! 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