Elon Musk Sparks Bitcoin Speculation with Recent Social Media Activity

Elon Musk's recent like of a post on X (formerly Twitter) has sparked speculation about his interest in accumulating Bitcoin. Key points include:

  • Musk's previous involvement with Bitcoin includes Tesla purchasing $1.5 billion in BTC and holding approximately 10,500 BTC.
  • Tesla paused Bitcoin payments over environmental concerns but remains a major corporate holder.
  • SpaceX is also reported to own Bitcoin, though the amount is undisclosed.
  • Musk's online activity can significantly influence market movements and public interest in cryptocurrencies.
  • No confirmation exists regarding current Bitcoin accumulation, but this action highlights Musk's impactful relationship with crypto.