The Crypto World Reacts to Tesla’s $1.5B Bitcoin Purchase
In an SEC filing, Tesla disclosed an asset purchase of $1.5B of Bitcoin for their balance sheet. Recently, Tesla CEO Elon Musk has been creating memes about another cryptocurrency, Dogecoin, and recently posted:
In retrospect, it was inevitable
— Elon Musk (@elonmusk) January 29, 2021
This quote could very well have been related to the decision to convert Tesla funds to Bitcoin. Others with eyes on the industry rejoiced at the announcement:
Microstrategy CEO and corporate Bitcoin purchaser Michael Saylor:
Congratulations & thank you to @elonmusk & @Tesla on adding #Bitcoin to their balance sheet. The entire world will benefit from this leadership.https://t.co/FVTepBqAI2
— Michael Saylor (@michael_saylor) February 8, 2021
Miami Mayor Francis Suarez:
Working on a resolution for our commission for this Thursday’s meeting to get the ball rolling…@elonmusk’s announcement was very helpful…now all we need is for @amazon to adopt and then ??????????? https://t.co/2wnkYD9n58
— Mayor Francis Suarez (@FrancisSuarez) February 8, 2021
Gemini Founders Tyler & Cameron Winklevoss:
Tom Brady was the MVP last night, but Elon Musk is the MVP today
— Tyler Winklevoss (@tyler) February 8, 2021
.@elonmusk and $TSLA adding $1.5B #Bitcoin to its balance sheet is both a visionary and responsible move. To the Mars!
— Cameron Winklevoss (@cameron) February 8, 2021
Ikigai Asset Management Chief Investment Officer Travis Kling:
Ladies and gents, "The Elon Candle".#Bitcoin pic.twitter.com/cdEzaIkMOj
— Travis Kling (@Travis_Kling) February 9, 2021
Congrats were in order from Binance CEO CZ:
If you bought #bitcoin before today, congrats on "front running" @elonmusk.
If you haven't bought yet, remember he still have a lot more fiat than the mere $1.5 billion.
Not financial advice.
— CZ ? Binance (@cz_binance) February 8, 2021
And the Bitcoin Twitter with a memorialization:
Let's kick the tires and light the fires.
In retrospect, it was inevitable. @Tesla @elonmusk #Bitcoin pic.twitter.com/wjOsYzlMbH
— Bitcoin (@Bitcoin) February 8, 2021