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    Fact Check: Is Elon Musk Secretly Buying Bitcoin?

    Story Highlights
    • Elon Musk liked a tweet suggesting heโ€™s secretly buying Bitcoin, sparking fresh speculation.

    • The buzz comes amid Muskโ€™s public clash with Trump over the โ€œBig Beautiful Bill.โ€

    • Tesla still holds over $1.2B in BTC, with rumors of a possible new $3B buy.

    It all started with a like.

    Elon Musk and Bitcoin – itโ€™s a relationship that never really goes quiet. For years now, thereโ€™s been constant chatter around whether the Tesla CEO is quietly buying more BTC, especially during uncertain times. Some even believe he’s stacking to protect against what they see as a weakening U.S. dollar.

    That buzz just got louder again. Hereโ€™s why.

    The Tweet That Sparked It All

    A crypto analyst and reporter from Bitcoin Magazine shared a bold update on X:

    โ€œ$400 BILLION WORLDโ€™S RICHEST MAN JUST LIKED A X POST SAYING HE’S SECRETLY BUYING #BITCOIN ๐Ÿ‘€ ELON MUSK IS BUYING BTC!!! ๐Ÿš€โ€

    It all started with a tweet pointing out how Musk has been vocal about government overspending and economic mismanagement – but hasnโ€™t mentioned Bitcoin in a while. 

    A reply suggested he might be quietly buying. Thatโ€™s the post Musk liked and yes, it looks like the like came from his verified profile.

    Some users were quick to call it fake, but @coinjoined, the original poster, shared a screen recording showing the like came from Muskโ€™s official account. Thereโ€™s been no official comment, but it hasnโ€™t stopped Crypto Twitter from going all-in on speculation.

    Timing Matters – Musk vs Trump Over the โ€œBig Beautiful Billโ€

    The timing is definitely interesting. It comes at a time when Musk is clashing with Donald Trump over the controversial โ€œBig Beautiful Billโ€ – a massive spending plan that includes tax breaks for the wealthy, plans for mass deportations, and a $5 trillion debt ceiling raise.

    Musk, who was once head of the Department of Government Efficiency (DOGE), slammed the bill, calling it a โ€œdisgusting abomination.โ€ Trump hit back on Truth Social, suggesting Musk wouldnโ€™t survive without government subsidies and he would have to โ€œpack up and move back to South Africaโ€.

    All of this adds to the tension and gives more weight to the idea that Musk could be quietly moving money into Bitcoin as a hedge.

    Tesla’s Bitcoin Holdings: No Sales, More Rumors

    Tesla already holds 11,509 BTC, worth around $1.24 billion at current prices. And they havenโ€™t sold a single coin recently, even as Bitcoin hit new highs. That alone is enough to raise eyebrows.

    In fact, rumors have been floating for a while now that Tesla might be planning to buy another $3 billion worth of Bitcoin. Nothing confirmed, but the company already has Coinbase Prime Custody in place, so itโ€™s well-positioned to scale up.

    So, Is Musk Buying Bitcoin Again?

    Thereโ€™s no official confirmation – just a liked tweet and a very active rumor mill. But with Musk, subtle moves often lead to big headlines. And given the political drama, economic uncertainty, and his history with crypto, it wouldnโ€™t be surprising if heโ€™s once again betting on Bitcoin.

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    Whether itโ€™s a sign of things to come or just Musk being Musk, the crypto world is watching closely.

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