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Will Elon Musk Purchase Bitcoin Or Dogecoin After Selling Shares In Tesla Worth $3.58 Billion?
2 years ago
40
Elon Musk Bitcoin and cryptocurrency investments. The crypto community is puzzling over whether and what implications this could have on his Bitcoin and Dogecoin holdings, or even Tesla’s BTC holdings.
Will Elon Musk Buy Bitcoin Or Dogecoin?
Elon Musk has sold $3.58 billion worth of Tesla shares from Monday to Wednesday, a filing with the U.S. Securities and Exchange Commission reveals. The crypto community speculates about what Musk plans to use the money for, and the Tesla CEO has faced harsh criticism from the mainstream media.
Tesla's remaining BTC holdings are estimated at 10,500 BTC. Musk said the company is open to increasing its BTC exposure in the future.
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