Elon Musk has changed his Twitter profile to just â€œ#bitcoin.â€ The Spacex and Tesla CEO also tweeted, â€œIn retrospect, it was inevitable.â€ The price of bitcoin immediately soared.
Elon Muskâ€™s Bitcoin Twitter Profile and Tweets
Spacex and Tesla CEO Elon Musk changed his Twitter profile to â€œ#bitcoinâ€ on Friday morning. He also made a cryptic tweet that says, â€œIn retrospect, it was inevitable.â€ At the time of writing, his tweet has been liked over 152.6K times, retweeted 22.2K times, and commented on 12.8K times. The billionaire entrepreneur has about 43.8 million followers on Twitter.
The tweet was made at 3:22 AM EST on Jan. 29 when the price of bitcoin was hovering around $32,212 based on data from markets.Bitcoin.com. Immediately after the tweet, the price of bitcoin shot up and peaked at about $37,803, which was more than a 17% surge before retreating slightly. The current BTC price stands at $36,965.
A trove of people on Twitter sees Muskâ€™s tweet and profile change as a massive endorsement for bitcoin. Morgan Creek Digital partner Anthony Pompliano commented:
The Tesla CEO overtook Amazon CEO Jeff Bezos as the worldâ€™s richest man early this month but has since fallen back to second place, according to Forbesâ€™ real-time billionaire list. Another billionaire, Twitter CEO Jack Dorsey also has his Twitter profile set to just #bitcoin.
Musk has been tweeting about bitcoin regularly. He had repeatedly said before that he only owns 0.25 BTC which was gifted to him by a friend. In December, he pondered about putting some of Teslaâ€™s treasury into bitcoin.
He has also been tweeting plenty about dogecoin and recently participated in a doge pump. His Twitter profile used to display: â€œFormer CEO of Dogecoin.â€
What do you think about Elon Musk changing his Twitter profile to #bitcoin? Let us know in the comments section below.
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