Elon Musk considers switching Tesla's balance sheet from Dogecoin to Bitcoin, potentially boosting Bitcoin

From Investing.com

February 21, 2025 12:13:02 PM:

Elon Musk hinted at potentially converting Tesla’s balance sheet into Bitcoin, shifting away from Dogecoin. This comes after Tesla’s $1.5 billion investment in Bitcoin earlier this year. The move could further boost Bitcoin’s value and solidify Musk’s influence on the cryptocurrency market. Musk’s tweets have consistently impacted prices of both Dogecoin and Bitcoin.

Read more at Investing.com: Musk’s DOGE savings plan may pivot to Bitcoin acquisition