Tesla’s CEO Elon Musk also wants to dive into Bitcoin

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Tesla is set to become a component of the S&P 500 on Monday, and its earnings have increased eight-fold this year. According to the Bloomberg Billionaire Index, Elon became the second richest person in the world.

Microstrategy’s CEO Saylor encouraged Musk to move US dollars from electric car manufacturing to bitcoin, saying it could "help your shareholders do a hundred billion dollars favor."

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Saylor said: "Other companies in the S&P 500 will follow in your footsteps, and by then it will have grown to $ 1 trillion",

Prior to this exchange, Musk posted a picture stating that he is interested for bitcoin and that the value of bitcoin has increased rapidly this year .

Musk responded to the seller on social media:

"Is such a big thing possible?"

Seiler said that he had bought over the US $ 1.3 billion in bitcoins and was keen to share his "script" offline.

According to the analysis of the data company Chainalysis, since September, those new investors who bought at least 1,000 bitcoins and opened accounts for less than a year have promoted the The huge demand for coins. They bought a total of 500,000 Bitcoins worth $11.5 billion in the past three months

 

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