Elon Musk hints Tesla may offload BTC, goes to war with crypto Twitter

Cointelegraph

Published May 17, 2021 01:01AM ET

Updated May 17, 2021 02:40AM ET

Elon Musk appears to have again been the catalyst for Bitcoin’s price shedding more than 10% over the weekend after Tesla (NASDAQ:TSLA)'s CEO appeared to suggest the firm may be planning to dump BTC from its balance sheet this quarter.

On May 16, Musk replied to a tweet predicting that Tesla may dump its BTC holdings this quarter. To the chagrin of the Bitcoin community, Musk simply replied: “Indeed.”

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