Elon Musk is curious about bitcoin, read full news
Elon Musk is curious about bitcoin, read full news
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Tesla CEO Elon Musk on Sunday has shown his internet in Bitcoin.  According to a Twitter exchange between Musk and a well-known advocate for the digital currency, Musk asked about the possibility of converting "large transactions" of Tesla Inc's balance sheet into bitcoin.

In a tweet chief executive officer of MicroStrategy Inc, Michael Saylor suggested that the billionaire Tesla founder and head, make the move. In the tweet, Saylor wrote, "If you want to do your shareholders a $100 billion favor, convert the $TSLA balance sheet from USD to #BTC"Other firms on the S&P 500 would follow your lead & in time it would grow to become a $1 trillion favor." "Are such large transactions even possible?" Musk replied to Saylor. "Yes. I have purchased over $1.3 billion in #BTC in past months & would be happy to share my playbook with you offline....," Saylor Answered.

In a message to Reuters, "Every CEO faces the challenge of how to preserve & enhance shareholder value in the face of this year’s unprecedented monetary expansion," Saylor said in a message to Reuters. He said that the Bitcoin is the best solution to the store of value problem faced by every individual, investor, & corporation on earth.

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