Elon Musk has modified his Twitter profile to simply “#bitcoin.” The Spacex and Tesla CEO additionally tweeted, “In retrospect, it was inevitable.” The value of bitcoin instantly soared.
Elon Musk’s Bitcoin Twitter Profile and Tweets
Spacex and Tesla CEO Elon Musk modified his Twitter profile to “#bitcoin” on Friday morning. He additionally made a cryptic tweet that claims, “In retrospect, it was inevitable.” At the time of writing, his tweet has been appreciated over 152.6K instances, retweeted 22.2K instances, and commented on 12.8K instances. The billionaire entrepreneur has about 43.eight million followers on Twitter.
Elon Musk’s Twitter profile and newest tweet. Source: Twitter
The tweet was made at 3:22 AM EST on Jan. 29 when the value of bitcoin was hovering round $32,212 primarily based on knowledge from markets.Bitcoin.com. Immediately after the tweet, the value of bitcoin shot up and peaked at about $37,803, which was greater than a 17% surge earlier than retreating barely. The present BTC value stands at $36,965.
Bitcoin’s value chart on Jan. 29 primarily based on knowledge from markets.Bitcoin.com exhibiting a value spike after Elon Musk modified his Twitter profile to #bitcoin and tweeted, “In retrospect, it was inevitable.”
Many folks on Twitter see Musk’s tweet and profile change as an enormous endorsement for bitcoin. Morgan Creek Digital companion Anthony Pompliano commented:
Elon Musk, one of many richest males on the earth and the best innovator of our time, has just one phrase in his Twitter bio: bitcoin … Tesla and Spacex including bitcoin to their stability sheet is now inevitable.
The Tesla CEO overtook Amazon CEO Jeff Bezos because the world’s richest man early this month however has since fallen again to second place, in line with Forbes’ real-time billionaire record. Another billionaire, Twitter CEO Jack Dorsey additionally has his Twitter profile set to simply #bitcoin.
Musk has been tweeting about bitcoin frequently. He had repeatedly stated earlier than that he solely owns 0.25 BTC which was gifted to him by a good friend. In December, he contemplated about placing a few of Tesla’s treasury into bitcoin.
He has additionally been tweeting a lot about dogecoin and not too long ago participated in a doge pump. His Twitter profile used to show: “Former CEO of Dogecoin.”
What do you consider Elon Musk altering his Twitter profile to #bitcoin? Let us know within the feedback part beneath.