SpaceX owns Bitcoin, Elon Musk and Nic Carter believe BTC is becoming greener
Musk revealed that SpaceX owns Bitcoin and that Tesla may be close to accepting BTC payments again after looking into BTC’s sustainability.
The company is yet to officially announce how much Bitcoin it has purchased, however, Musk’s other company, Tesla, purchased $1.5 billion of the cryptocurrency earlier this year, which sparked a major Bitcoin price rally.
That rally came to an abrupt end after Tesla stopped taking Bitcoin payments due to environmental concerns, but speaking at “The ₿ Word” — a virtual event dedicated to Bitcoin — the erratic tech billionaire suggested Tesla was on the verge of accepting the cryptocurrency again following promising signs that the percentage of renewable energy used for mining was increasing.
Musk appeared alongside Ark Invest CEO Cathie Wood, Twitter CEO Jack Dorsey and moderator Steve Lee from Square Crypto. Musk did not reveal any additional details about SpaceX’s purchase apart from saying:
“I do own Bitcoin; Tesla owns Bitcoin; SpaceX owns Bitcoin; and I do personally own a bit of Ethereum and Dogecoin of course.”