TLDR Crypto · MISCELLANEOUS

ELON MUSK DETAILS PERSONAL, SPACEX CRYPTO HOLDINGS

thestreet.com2 min read

Summary from the TLDR Crypto newsletter

Elon Musk recently confirmed he still holds a substantial amount of Dogecoin and that his company SpaceX maintains holdings in Bitcoin. Tesla also owns almost 10,000 Bitcoin, despite selling 4,320 Bitcoin in 2021 and three-quarters of its remaining Bitcoin in 2022 due to environmental concerns. In the past, Musk has been accused of market manipulation in crypto as his comments on Bitcoin and especially Dogecoin caused massive swings in the market back in 2021. His commentary on Dogecoin in the more recent past has had a more muted effect on the coin and his legal team is confident that his comments have been completely legal.