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27 July 2021

SpaceX owns Bitcoin, Elon Musk and Nic Carter believe BTC is becoming greener

SpaceX owns Bitcoin, Elon Musk and Nic Carter believe BTC is becoming greener


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SpaceX owns Bitcoin, Elon Musk and Nic Carter believe BTC is becoming greener.

Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin (BTC).

That rally came to an abrupt end after Tesla stopped taking Bitcoin payments due to environmental concerns, but speaking at "The ₿ Word" — a virtual Bitcoin (BTC) event — the erratic tech billionaire suggested Tesla was on the verge of accepting the cryptocurrency again following promising signs the percentage of renewable energy used for mining was increasing.

During the event, Musk donned a BTC themed t-shirt and appeared to be relatively optimistic about the future of digital gold as he stated that he owns "much more Bitcoin than Ether or DOGE.".

Musk stated that there “appears to be a positive trend” in renewable energy usage for BTC mining, citing the recent closure of coal-powered mining plants in China.

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