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 … The billionaire added he hasn't sold any of his personal bitcoin holdings. https://www.fool.ca/2021/02/16/elon-musk-is-buying-bitcoin-should-you-too An exchange of tweets back in December may well have been the tipping point that led to Elon Musk’s Tesla buying $1.5 billion Bitcoin according to Michael Sayler. https://www.foxbusiness.com/markets/elon-musk-explains-teslas-bitcoin-buy 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. 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. ©2021 FOX News Network, LLC. Powered and Implemented by Interactive Data Managed Solutions. Please consider using a different web browser for better experience. See also: Tesla Invests $1.5B in Bitcoin, Plans to Accept Crypto Payments, Image credit: Britta Pedersen/Getty Images Entertainment. This is the coin loved by the CEO of Tesla Motors, Elon Musk. FAQ - Updated Privacy Policy. https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html According to experts, Musk acquired 43,000 bitcoins during various operations in … ILHAN OMAR'S FINANCIAL TRANSACTION TAX WOULD HURT MAIN STREET: GAMESTOP HEARING EXPERT. “Bitcoin is almost as bs as fiat money,” Musk said. It was on December 20th that Musk tweeted a somewhat … “When fiat currency has negative real interest, only a fool wouldn’t look elsewhere,” Musk tweeted on Thursday evening. Coindesk reported Wednesday that bitcoin's value is about $56,000 per coin, up from $54,700 at the time of Musk's Twitter post. Tesla earlier this month announced the purchase of $1.5 billion of bitcoin in an effort to “further diversify and maximize” the return on its cash. The … https://insidebitcoins.com/bitcoin-robot/elon-musk-bitcoin-systems Additionally, the company will soon be allowing people to pay for Teslas with 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. The Fed has said interest rates will remain low through at least the end of 2023. Earnings estimates data provided by Zacks. 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