NEW!Incredible offer for our exclusive subscribers! Read More

Bitcoin Spikes 6 Percent in Minutes as Elon Musk Confirms That Tesla Still Holds It

1 Mins read

In his latest tweet, Tesla CEO Elon Musk has confirmed that the e-car manufacturer hasn’t sold any Bitcoin as of today.


As reported by U.Today, Musk posted an ambiguous tweet that many believed could indicate that Tesla cashed out its Bitcoin (or indeed to do so).

Musk has soured on Bitcoin after a bitter spat with the community, criticizing it as centralized.

Tesla stopped accepting Bitcoin for vehicle purchases last week but claimed that it would keep the top cryptocurrency on its balance sheet.

Bitcoin has instantly trimmed some of its recent losses, spiking over 6 percent on Musk’s tweet.

Earlier today, the cryptocurrency plunged to its lowest level since Feb. 8.

Related posts

ILLUVIUM x UPLINEX Fight for ETH! $25,000+ prize pool!

1 Mins read
ILLUVIUM x UPLINEX Fight for ETH! $25,000+ prize pool! The ILLUVIUM pleased to announce the start of the next and long-awaited distribution…

Moonexbit received a $20 million investment from BlockTower Capital

2 Mins read
Why BlockTower invested in Moonexbit, how the future of cryptocurrency looks like and how you can take advantage of this opportunity BlockTower,…
AltcoinsBTCCryptoETHOther protects your money — Scheduled

2 Mins read Exchange, as bitcoin becomes more popular, more exchanges are springing up to buy, trade, and sell various cryptocurrencies. As a result, choose…
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *