Tesla's CEO said yesterday on his official Twitter account the company has not sold any of the Bitcoins it holds. Musk criticized the leading crypto last night and also responded with the word "indeed" in a post in which a user suggested Tesla intended to announce the sale of all its Bitcoins in the next quarter.
Musk recently announced the company has stopped accepting Bitcoins as a payment method for its vehicles.
Musk has also responded to a thread by podcast author Peter McCormack that criticized the entrepreneur's activities. In particular, McCormack had pointed to Tesla's statements about the environmental risks of Bitcoin, the promotion of Dogecoin and the market's high reliance on Musk's tweets. In response, Musk said:
"Obnoxious threads like this make me want to go all in on Doge."
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He added he is a co-founder of PayPal and understands how the financial system works.
It must be noted that the price of Bitcoin has fallen below $45,000 in the context of Musk's tweets.