Cryptocurrency-related stocks such as Marathon Digital (((Mara)- Get the reportA tweet from Tesla CEO Elon Musk fell on Monday as it could indicate that the company could sell its $ 1.5 billion Bitcoin hiding place.
Over the weekend, Twitter user @CryptoWhale wrote:Bitcoiner will slap in the next quarter When they learned that Tesla had thrown away the rest of its #Bitcoin holdings. I don’t blame @elonmusk because he hates him. “
Musk replied, “Sure.” But he didn’t say whether Tesla sold or intended to sell Bitcoin, or agreed that Tesla wouldn’t be liable if it sold it.
He later said, “to clarify speculation.” Tesla does not sell Bitcoin. But then he reiterated his criticism of digital assets in exchange for Bitcoin enthusiasts.
Last week, Musk took Bitcoin to a forest hut, Tesla said it wouldn’t accept it as a vehicle payment.
For cryptocurrency-related stocks, Coinbase (((coin)- Get the report It recently fell 3.2% to trade at $ 250. Marathon Digital recently fell 11% to trade at $ 20.60.Riot blockchain (((Riot)- Get the report It recently fell 9.1% to trade at $ 23.65.And Evan (((EBON)- Get the report We recently changed hands at $ 2.63, down 4.4%.
Among the companies sitting in a bunch of Bitcoins, Tesla recently traded at $ 578.58, down 1.9%.Micro Strategy (((MSTR)- Get the report It traded at $ 484.04, down 7.2%.square (((SQ)- Get the report It traded at $ 205.47, down 0.9%. And PayPal (((PYPL)- Get the report It recently fell 0.8% to trade at $ 244.45.
Digital currency is also used on Monday’s chin. Bitcoin recently traded at $ 44,894, down 8%. Dogecoin was 50 cents, down 1.4%.
Marathon Digital, Other Crypto Stocks Fall on Musk Tweets Source link Marathon Digital, Other Crypto Stocks Fall on Musk Tweets