Tesla CEO Elon Musk has released a mysterious tweet using emoji stating that he has no plans to sell his stake in bitcoin, even though the world’s most popular cryptocurrency sank by 30 percent on May 19th.
Musk seemed confident about not trading with Tesla’s crypto with his latest tweet, even though there were widespread crypto sales that sent bitcoin ratings down by half.
Using a combination of emoji and text, Elon Musk said Tesla has “diamond hands”, meaning the car company will not part with its $ 1.5 billion share in bitcoin.
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Significantly, the billionaire’s position on Tesla’s bitcoin position has changed from time to time. On May 12, he had announced that Tesla would no longer allow car purchases using bitcoin due to environmental concerns. He also suggested a few days ago that Tesla might sell its stake in bitcoin but backtracked on his statement later.
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