Musk Tweets "Tesla Has Not Sold Bitcoin" (Update)
Reply to a netizen's post criticizing Bitcoin crash due to Musk
[Asia Economy Reporter Kim Suhwan] Elon Musk, who hinted that Tesla might have sold Bitcoin, clarified that Tesla did not sell any Bitcoin.
On the 17th, Musk responded on the social networking service (SNS) Twitter to a post criticizing his suggestion of selling Bitcoin.
In the post, a netizen tweeted, "Bitcoin plummeted 20% because of Musk's careless remarks," directly mentioning Musk and asking, "Do you know why people are angry?" Musk replied, "To clarify the facts, Tesla has not sold any Bitcoin at all."
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Earlier, on the 16th, Musk responded "Indeed" to a tweet by a netizen stating, "By the next quarter, Bitcoin followers will be in big trouble if they find out Tesla has sold all its Bitcoin holdings." This response was interpreted as hinting at Tesla's possible Bitcoin sale, which led to a continued decline in Bitcoin prices. According to Coindesk, Bitcoin dropped about 9% from the previous day's high following the remark.
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