It all started with a like.
Elon Musk and Bitcoin—this relationship never stays quiet for long. Over the years, speculation has swirled about whether the Tesla CEO is quietly accumulating BTC, especially during turbulent economic times. Some believe he views Bitcoin as a hedge against a weakening U.S. dollar.
The latest buzz? A single "like" on a tweet has reignited the rumors. Here’s what you need to know.
The Tweet That Fueled the Rumors
A crypto analyst from Bitcoin Magazine posted a bold claim on X (formerly Twitter):
“$400 BILLION WORLD’S RICHEST MAN JUST LIKED A X POST SAYING HE’S SECRETLY BUYING #BITCOIN 👀 ELON MUSK IS BUYING BTC!!! 🚀”
The original tweet highlighted Musk’s criticism of government overspending—while noting his silence on Bitcoin. A reply suggested he might be covertly purchasing BTC. Musk’s verified account "liked" that reply, sparking debates about its legitimacy.
Skeptics called it fake, but the poster shared a screen recording confirming the interaction came from Musk’s official profile. With no comment from Musk, Crypto Twitter is running wild with theories.
Why the Timing Is Suspicious
This drama unfolds amid Musk’s public clash with Donald Trump over the contentious "Big Beautiful Bill"—a spending package featuring tax cuts for the wealthy, aggressive deportation plans, and a $5 trillion debt ceiling increase.
Musk, formerly head of the Department of Government Efficiency (DOGE), blasted the bill as a "disgusting abomination." Trump retaliated on Truth Social, mocking Musk’s reliance on subsidies and suggesting he’d "have to move back to South Africa."
Against this backdrop, Musk’s alleged Bitcoin interest seems more plausible. Could he be diversifying into crypto as a political and economic hedge?
Tesla’s Bitcoin Stash: Silent but Strategic
Tesla currently holds 11,509 BTC (worth ~$1.24 billion)—and hasn’t sold any despite Bitcoin’s price surges. This inactivity fuels rumors of further accumulation.
Whispers suggest Tesla might purchase $3 billion more in BTC, though nothing’s confirmed. With Coinbase Prime Custody already in place, scaling up would be seamless.
👉 Is Tesla preparing for another Bitcoin shopping spree?
Is Musk Secretly Stacking Bitcoin?
No official proof exists—just a liked tweet and rampant speculation. But Musk’s history of crypto teases, combined with macroeconomic tensions, makes this rumor hard to ignore.
Whether strategic or impulsive, Musk’s moves always command attention. And right now, the crypto world is glued to his next step.
FAQs
1. Has Elon Musk confirmed he’s buying Bitcoin?
No. The speculation stems from his "like" on a tweet suggesting he might be.
2. How much Bitcoin does Tesla own?
Tesla holds 11,509 BTC, purchased in early 2021 and untouched since.
3. Why would Musk buy Bitcoin now?
Potential reasons: hedging against U.S. dollar instability, political tensions, or long-term belief in BTC’s value.
4. Could Tesla buy more Bitcoin soon?
Rumors suggest a $3 billion purchase, but Tesla hasn’t confirmed.
👉 What’s next for Bitcoin and institutional adoption?
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