Elon Musk called Tesla Inc.’s US$1.5 bil (RM6.07bil) Bitcoin bet an "adventurous enough” investment for the company, after one of the industry’s loudest acolytes called out the billionaire’s advocacy of lesser-known Dogecoin.
"Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S&P500 company, ” Musk wrote in a tweet, in response to a Bloomberg TV interview with Binance Holdings Ltd. CEO Changpeng Zhao.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!