Musk Inquires About Moving ‘Large Transactions’ to Bitcoin
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Elon Musk inquired about converting “large transactions” of Tesla Inc.’s balance sheet into Bitcoin in a Twitter exchange with Michael Saylor, a prominent booster of the digital currency.
In a series of tweets, Saylor, chief executive officer of Microstrategy Inc., encouraged the billionaire to shift U.S. dollars from the electric-car maker to Bitcoin and “do your shareholders a $100 billion favor.”