Elon Musk said SpaceX was hodling Bitcoin $BTC. This comes after a recent crash in the cryptocurrency. Now its bouncing back!! The question is will this announcement be like the past announcement when Tesla reported that they hodled Bitcoin and it rallied.
"The entrepreneur and provocateur said he personally owns bitcoin, ether and, naturally, dogecoin."
"Publicly traded automaker Tesla, whose BTC bags were revealed in February, still holds the asset in its treasury, the CEO said."
"The bitcoin price jumped Wednesday by the most since mid-June."
I think it's still a good time to buy before the next big rally. Be careful and remember I am just some random account on the internet and not a financial consultant. Musk would probably invest in anything that he could make a profit off of rather he really gave a shit or not. So, there is that to remember.
News Link
https://www.coindesk.com/elon-musk-says-spacex-holds-bitcoin-at-b-word-conference
Image : Wired