Once a proponent of bitcoin, Musk seems to have reversed course in recent weeks in favor of dogecoin.
Tesla CEO Elon Musk implied in a Twitter exchange Sunday afternoon that the electric vehicle maker sold or may sell the rest of its bitcoin holdings, sending the price of the cryptocurrency down. Bitcoin dipped more than 4% to around $45,600 per coin. A Twitter user who goes by @CryptoWhale said, «Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their holdings. With the amount of hate @elonmusk is getting, I wouldn’t blame him…» Musk replied «Indeed.