In January 2024, Musk revealed that he holds a "large amount of Dogecoin," but did not specify the exact quantity, and he stated that SpaceX holds a large amount of Bitcoin. Previously, members of the cryptocurrency community discovered an anonymous address holding 36 billion Dogecoin, which is equivalent to 27% of the Dogecoin market supply. Some users speculated that this address might belong to Musk, but there is no conclusive evidence for this claim, and there are also views that Musk opposes cryptocurrency being held by a small number of people.