RATE Group | Elon Musk reveals how much Bitcoin he owns
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Elon Musk reveals how much Bitcoin he owns

17 May Elon Musk reveals how much Bitcoin he owns

Posted at 00:15h in Cryptocurrency News by

Billionaire entrepreneur Elon Musk yesterday told the world how much Bitcoin he owns and it’s somewhat… modest—for a billionaire who had tweeted memes about Bitcoin in the past. 

Commenting on the J.K. Rowling tweet which sent the crypto-world into a frenzy, the Tesla CEO—one of the world’s richest men with a net worth of $40 billion—disclosed that he owns just 0.25 Bitcoin. Today, that is a little under $2,500-worth of the cryptocurrency. 

 

Musk told the Twittersphere how much he holds after explaining to Harry Potter author J.K. Rowling that the largest cryptocurrency by market cap could be useful. “Massive currency issuance by govt central banks is making Bitcoin Internet Ghost money look solid by comparison,” he wrote in an earlier tweet. 

But he then added the amount he actually owns—which led crypto bigwigs to make jokes at his expense. 

Tyler Winklevoss, CEO of New York-based cryptocurrency exchange, Gemini, asked Musk how he was “going to pay for…

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