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đ„ Top 3 Cryptocurrencies Owned By Elon Musk: đđ
Elon Musk has always been very vocal about his admiration for the cryptocurrency industry. The tech billionaire has enabled crypto payments for multiple of his ventures. Musk recently stated, âI think that cryptocurrency is an interesting and probably valuable bulwark against centralized control.â
Given his love for crypto, letâs look at the top three crypto assets that the worldâs richest man owns.
đȘ¶ 1. Dogecoin (DOGE)
Musk has repeatedly stated that DOGE is his favorite cryptocurrency and that he owns a âbunch of Dogecoin.â Musk says he loves the projectâs non-serious nature and has enabled DOGE payments for Tesla merchandise. The company may begin to accept DOGE for its vehicles in the future, for which Musk stated, âAt some point, I think we should enable that.â
đȘ¶2. Bitcoin (BTC)
According to Arkham, Tesla has about $778 million worth of Bitcoin (BTC), the original cryptocurrency, making it a BTC whale. The company recently moved its entire BTC holding from its public wallet, causing quite a stir in the market.
Tesla had also accepted Bitcoin (BTC) as a form of payment for its vehicles, but the service was shut after a few months.
đȘ¶ 3. Ethereum (ETH)
Musk has said he owns three cryptocurrencies: Ethereum (ETH). At the B Word conference, Musk publicly stated that he also owned ETH, in addition to DOGE and BTC. His comments led to ETHâs rise by 12%.
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