After years of teasing his stance on crypto — everything from his ownership of half a bitcoin to declaring himself the ‘former CEO of Dogecoin’ — Elon Musk has finally capitulated on Bitcoin. He added it to his Twitter bio in what seems to be an endorsement.
Now the question remains, if his endorsement of Bitcoin was ‘inevitable’ as he says, what his actual position is. Does Elon personally own a substantial amount of Bitcoin? Has he converted a chunk of Tesla’s cash balance? Time will tell.