Musk Says SpaceX Owns Bitcoin, Wood Touts Balance-Sheet Benefits

Bloomberg2021-07-22

Elon Musk’s love affair with Bitcoin runs deeper than previously known. The billionaire head ofTesla Inc.said his space exploration company also owns the digital token -- and has no plans to sell it. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Deonc
2021-07-22
Deonc
again.
miumiumiu
2021-07-22
miumiumiu
Haha
- Surewinner:
  good
Humlikeabee
2021-07-22
Humlikeabee
??
- Humlikeabee:
  I love tiger
- WLtan:
  great
2020TS
2021-07-22
2020TS
This Big Mouth again, nuisane.
scenichu
2021-07-22
scenichu
[LOL]
- Titu:
  Gd
- TehOChris:
  like this comment thanks
- DesmondAn:
  nice
Titu
2021-07-22
Titu
Good

Leave a comment

122

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1126357917?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-22 08:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1126357917","market":"us","top_or_hot":-1,"title":"Musk Says SpaceX Owns Bitcoin, Wood Touts Balance-Sheet Benefits","media":"Bloomberg","content":"<div>\n<p>Elon Musk’s love affair with Bitcoin runs deeper than previously known.\nThe billionaire head ofTesla Inc.said his space exploration company also owns the digital token -- and has no plans to sell it.\n...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-21/bitcoin-jumps-past-32-000-as-musk-says-spacex-owns-token\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Says SpaceX Owns Bitcoin, Wood Touts Balance-Sheet Benefits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk Says SpaceX Owns Bitcoin, Wood Touts Balance-Sheet Benefits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-21/bitcoin-jumps-past-32-000-as-musk-says-spacex-owns-token><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk’s love affair with Bitcoin runs deeper than previously known.\nThe billionaire head ofTesla Inc.said his space exploration company also owns the digital token -- and has no plans to sell it.\n...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-21/bitcoin-jumps-past-32-000-as-musk-says-spacex-owns-token\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-07-21/bitcoin-jumps-past-32-000-as-musk-says-spacex-owns-token","article_id":"1126357917","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126357917","pubTimestamp":1626914494,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Elon Musk’s love affair with Bitcoin runs deeper than previously known.\nThe billionaire head ofTesla","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"马斯克称SpaceX拥有比特币，伍德兜售资产负债表优势","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"Elon Musk’s love affair with Bitcoin runs deeper than previously known.\nThe billionaire head ofTesla Inc.said his space exploration company also owns the digital token -- and has no plans to sell it.\nSpeaking at “The B Word” conference hosted by the Crypto Council for Innovation, Musk discussed the outlook for Bitcoin with fellow backers Cathie Wood, head of Ark Investment Management, and Jack Dorsey, chief executive officer of Twitter Inc. and Square Inc.\nMusk said that he personally owns Bitcoin, Ethereum and Dogecoin, while Tesla andSpaceXboth exclusively own Bitcoin. The cryptocurrency climbed as high as $32,820 during the panel Wednesday before falling to about $31,683 at 3:49 p.m. New York time.\n“I would like to see Bitcoin succeed,” Musk said. “If the price of Bitcoin goes down, I lose money. I might pump but don’t dump.”\n\nMusk said that Tesla would most likely resume accepting Bitcoin for purchases once mining becomes less environmentally taxing.\n“It looks like Bitcoin is shifting more toward renewables,” Musk said. “I would want to do a little bit more diligence to confirm the percentage of renewable energy usage is at or above 50%.”\nHydroelectric, geothermal and nuclear energy could all be good sources of power for Bitcoin mining, henoted.\nWood said corporations should consider adding Bitcoin to their balance sheets, partly as a hedge against deflation. She added that the Financial Accounting Standards Board should reconsider how it classifies Bitcoin since institutions currently have to write off holdings when the price declines. Listing it as an intangible asset could help remedy that.\n“Think about how explosive growth could be,” she said.\nStill, MicroStrategy Inc., which reports earnings next week, may illustrate the perils of companies amassing large Bitcoin holdings. The firm has piled into the digital currency in recent months, only to see the token slump roughly 50% since its April peak.\nAs for Tesla, Musknotedthat the company’s bank balances in Europe have negative interest rates, saying it “drives me crazy.”\n“We should definitely move that into Bitcoin,” he said.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":172091795,"gmtCreate":1626919275417,"gmtModify":1703480571040,"author":{"id":"3569316529855154","authorId":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"3569316529855154","idStr":"3569316529855154"},"htmlText":"again.","listText":"again.","text":"again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172091795","repostId":1126357917,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":176753087,"gmtCreate":1626917319249,"gmtModify":1703480511984,"author":{"id":"3578460202640238","authorId":"3578460202640238","name":"miumiumiu","avatar":"https://static.tigerbbs.com/01ccd0f943cc52d152f00194172a99b8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578460202640238","idStr":"3578460202640238"},"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176753087","repostId":1126357917,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5289174,"gmtCreate":1626917503637,"gmtModify":1663231294525,"authorId":3584997739812152,"author":{"id":3584997739812152,"idStr":"3584997739812152","authorId":3584997739812152,"name":"Surewinner","avatar":"https://static.tigerbbs.com/d5049b7020bddebdcea8f3b550917b1c","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":176753087,"type":1,"supId":0,"prevId":0,"content":"<u>good</u>","text":"<u>good</u>","html":"<u>good</u>"}],"langContent":"EN"},{"id":176759955,"gmtCreate":1626917293877,"gmtModify":1703480510204,"author":{"id":"3586225762001118","authorId":"3586225762001118","name":"Humlikeabee","avatar":"https://static.tigerbbs.com/04489eaf8eda4f3c6ee4d5c76b1e4948","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3586225762001118","idStr":"3586225762001118"},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/176759955","repostId":1126357917,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5289160,"gmtCreate":1626917403892,"gmtModify":1663231299049,"authorId":3586225762001118,"author":{"id":3586225762001118,"idStr":"3586225762001118","authorId":3586225762001118,"name":"Humlikeabee","avatar":"https://static.tigerbbs.com/04489eaf8eda4f3c6ee4d5c76b1e4948","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.05","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":176759955,"type":1,"supId":0,"prevId":0,"content":"I love tiger","text":"I love tiger","html":"I love tiger"},{"id":5289226,"gmtCreate":1626917742124,"gmtModify":1663231296437,"authorId":3581912064711553,"author":{"id":3581912064711553,"idStr":"3581912064711553","authorId":3581912064711553,"name":"WLtan","avatar":"https://static.tigerbbs.com/354ffef504de8ee7159ec0ecd8769350","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":176759955,"type":1,"supId":0,"prevId":0,"content":"great","text":"great","html":"great"}],"langContent":"EN"},{"id":176750230,"gmtCreate":1626917256120,"gmtModify":1703480510041,"author":{"id":"3568580098685907","authorId":"3568580098685907","name":"2020TS","avatar":"https://community-static.tradeup.com/news/11248151fdcb83034da72e0a80b4d0ae","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3568580098685907","idStr":"3568580098685907"},"htmlText":"This Big Mouth again, nuisane.","listText":"This Big Mouth again, nuisane.","text":"This Big Mouth again, nuisane.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176750230","repostId":1126357917,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":176715672,"gmtCreate":1626915889196,"gmtModify":1703480463380,"author":{"id":"3554951292305587","authorId":"3554951292305587","name":"scenichu","avatar":"https://static.tigerbbs.com/e2d5eb7de52de2d76f08c9564d26fe90","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3554951292305587","idStr":"3554951292305587"},"htmlText":"[LOL]&nbsp;","listText":"[LOL]&nbsp;","text":"[LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/176715672","repostId":1126357917,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5288848,"gmtCreate":1626915905587,"gmtModify":1663231295334,"authorId":3558865529132556,"author":{"id":3558865529132556,"idStr":"3558865529132556","authorId":3558865529132556,"name":"Titu","avatar":"https://static.tigerbbs.com/9f0b0e640551e4ad766c10135d80d562","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.30%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":176715672,"type":1,"supId":0,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"},{"id":5288991,"gmtCreate":1626916657532,"gmtModify":1663231294463,"authorId":3582343092162434,"author":{"id":3582343092162434,"idStr":"3582343092162434","authorId":3582343092162434,"name":"TehOChris","avatar":"https://static.tigerbbs.com/e30ddf46446866173986a5c85e5f4e88","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":176715672,"type":1,"supId":5288872,"prevId":0,"content":"like this comment <u>thanks</u>","text":"like this comment <u>thanks</u>","html":"like this comment <u>thanks</u>"},{"id":5288872,"gmtCreate":1626916010025,"gmtModify":1663231293239,"authorId":3581728985872006,"author":{"id":3581728985872006,"idStr":"3581728985872006","authorId":3581728985872006,"name":"DesmondAn","avatar":"https://static.tigerbbs.com/9ac9e35f00f5ca8ebeca124189b27c86","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":176715672,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"EN"},{"id":176715845,"gmtCreate":1626915887787,"gmtModify":1703480463218,"author":{"id":"3558865529132556","authorId":"3558865529132556","name":"Titu","avatar":"https://static.tigerbbs.com/9f0b0e640551e4ad766c10135d80d562","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3558865529132556","idStr":"3558865529132556"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176715845","repostId":1126357917,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":122,"commentSize":17,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1126357917"}