JAN3 founder Samson Mow says Elon Musk should go all in on Bitcoin before they 'freeze his paper assets'.
The Bitcoin community is calling on Tesla CEO Elon Musk to use Bitcoin as a means to gain an advantage in his ongoing public feud with U.S. President Donald Trump.
Will Clemente, a cryptocurrency trader and analyst, stated in a post on X on June 6: 'Elon's best way to get back at Trump is to go all in on Bitcoin.' In a similar post, Samson Mow, founder and CEO of JAN3, said in a post on X on the same day: '@elonmusk, it's time to go all in on Bitcoin.'
Musk urges Tesla to start a Bitcoin treasury strategy
Musk urged Musk to accept Bitcoin payments worth $104,992 for Tesla and adopt a Bitcoin treasury strategy. In 2021, Tesla stopped accepting Bitcoin as a payment method due to environmental concerns. However, the company still holds digital assets. On April 23, Cointelegraph reported that the value of Tesla's digital assets fell by 11.61% from $1.076 billion to $951 million in the first quarter.
Cointelegraph