Crypto Currency

Elon Musk changes Twitter bio to #bitcoin, chaos ensues

As the man himself said, it was inevitable.  On Friday, Tesla CEO Elon Musk changed his Twitter bio to “#bitcoin.” This alone perhaps wouldn’t be that interesting — after all, Musk expressed his interest in Bitcoin and cryptocurrencies before — but Musk followed up with a cryptic tweet that might indicate he’s actually bought some…

As the man himself said, it was inevitable. 

On Friday, Tesla CEO Elon Musk changed his Twitter bio to “#bitcoin.” This alone perhaps wouldn’t be that interesting — after all, Musk expressed his interest in Bitcoin and cryptocurrencies before — but Musk followed up with a cryptic tweet that might indicate he’s actually bought some Bitcoin. 

“In retrospect, it was inevitable,” Musk tweeted. 

This could mean anything and nothing. It could be related to DOGE, a joke cryptocurrency Musk is a fan of and has recently been tweeting about. Or it could be related to something that’s not crypto-related. 

However, cryptocurrency Twitter immediately started speculating about Musk buying Bitcoin, or even Tesla investing a part of its cash pile into the cryptocurrency. Software company MicroStrategy has invested a massive amount of money into Bitcoin in recent months, and its CEO Michael Saylor has been vocal about Bitcoin being a better alternative than cash for a company’s reserves. 

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