#ElonMusk "Elon Musk's relationship with Bitcoin is complex. Here's what we know ¹:

- *Musk's Bitcoin Holdings*: In 2018, Musk claimed to own only 0.25 BTC, but by 2022, he hinted at holding more, stating he wouldn't sell his Bitcoin. Estimates suggest he might hold over $50 million worth of Bitcoin.

- *Tesla's Investment*: In 2021, Musk's company Tesla invested $1.5 billion in Bitcoin and planned to accept it as payment. However, they suspended this plan due to environmental concerns.

- *Musk's Influence*: Musk's tweets about Bitcoin have significantly impacted its price. His support for cryptocurrencies is seen as a boost, but his criticisms can lead to price drops.

Musk has also expressed interest in other cryptocurrencies, including:

- *Dogecoin*: Musk is a long-time supporter of Dogecoin, even calling it the "People's Currency." He's confirmed owning Dogecoin and has not sold it.

- *Ethereum*: Musk has mentioned owning Ethereum, but the extent of his holdings is unknown.

It's worth noting that Musk's views on cryptocurrencies like XRP are less clear. While there are rumors about potential investments or partnerships, nothing has been confirmed ¹.