Following the recent U.S. elections, a well-known billionaire has sparked significant interest among cryptocurrency enthusiasts. A recorded audio has emerged, heightening excitement among investors. Despite his previous statements indicating a cautious stance towards crypto, Elon Musk is reportedly trying to limit government spending while establishing a department named DOGE, reminiscent of Dogecoin 
$0.313795.
Elon Musk’s Altcoin Acquisitions
A close friend of Musk has disclosed through a voice recording that he still possesses a substantial amount of Dogecoin. The recording also mentions that SpaceX holds numerous Bitcoin 
$97,070, although the exact amount remains undisclosed due to its private company status.
On the other hand, Tesla, being a public company, has its reserves monitored, and it is required to report its Bitcoin transactions to the SEC. It is challenging to determine the exact value of Musk’s holdings in Bitcoin and Dogecoin. Tesla purchased Bitcoin in 2021 but sold a significant portion due to environmental concerns.
If SpaceX is accumulating Bitcoin, it is possible that Tesla will also report Bitcoin purchases in the upcoming weeks or months based on on-chain data.
