Rumors that Elon Musk may be buying Bitcoin again gain traction after he liked a recent tweet. These discussions unfold against a backdrop of economic uncertainty and his public statements.
The Tweet That Sparked the Rumors
A crypto analyst from Bitcoin Magazine shared news that Musk "liked" a tweet claiming he is secretly buying Bitcoin. The post notes his criticism of government spending and economic management, although he has not mentioned Bitcoin in a while. The like came from his verified profile, causing much debate in the crypto community.
Context of the Clash: Musk vs Trump
The events unfold against the backdrop of the conflict between Musk and Donald Trump regarding the "Big Beautiful Bill," which includes a massive spending plan and tax breaks for the wealthy. Musk criticized the bill, calling it a "disgusting abomination," demonstrating his stance in the political clash.
Tesla's Bitcoin Holdings and Purchase Rumors
Tesla already holds 11,509 BTC, worth around $1.24 billion at current prices. The company has not sold a single coin recently, even as Bitcoin hit new highs. Rumors are circulating that Tesla might be planning to buy another $3 billion worth of Bitcoin, though no official information has been disclosed.
While there is no confirmation, any activity from Musk generates significant discussions. Given his history with cryptocurrencies and the current economic conditions, keeping an eye on his actions remains relevant.
