Musk Admits in His Own Words: Besides Tesla and SpaceX, His Biggest Holding Is Bitcoin
Musk publicly stated that Bitcoin is one of his largest personal holdings, directly benefiting market sentiment for BTC.
In an interview, Musk specifically named it: apart from the two companies Tesla and SpaceX, the largest asset he holds is Bitcoin. Note—this isn’t speculation; he said it himself. Over the past few years, his attitude toward BTC has flip-flopped repeatedly, from “Tesla accepts BTC payments” to a pause, and then only launching Dogecoin meme content. The market has long been unable to figure out his real holdings. This time, it’s like he has finally revealed a glimpse of his cards.
BTC is currently trading at $91.34,301.25, up 6.46% in the past 24 hours, indicating that capital is already rushing in.
Impact on the market
- Short term: One sentence from Musk can equal millions in ad spend. With X’s distribution power across more than 200 million followers, plus BTC’s 6.46% daily gain, retail FOMO sentiment is likely to continue. ETH also rallied 3.83% to $2,418.57, and the correlation effect is already showing.
- Medium term: When corporate executives publicly include BTC in core asset allocation, it will strengthen the narrative that “Bitcoin equals a corporate reserve asset.” Tesla itself holds about 10,000 BTC. Musk’s personal disclosure may prompt more listed companies to re-evaluate crypto allocation in their balance sheets.
My view
Bullish, but don’t chase. The short-term move is clearly driven by sentiment. After BTC breaks above $91.34K, the next thing to watch is whether it can hold this whole-number level. A pullback that doesn’t break the $91.34K range is a healthy走势. The risk lies in the volatility of what Musk says—today he hypes it, tomorrow he may post another meme mocking it. Whether a trend driven by such a figure can sustain is questionable. As a correlated asset, ETH may have greater upside elasticity, but it also comes with greater volatility. Bottom line: direction is up—don’t rush the timing.
- Coin: BTC / ETH
- Direction: Bullish📈 Predicting a price rise
- Duration: BTC 12 hours / ETH 24 hours
$BTC $ETH #BTC #ETH
📊 Historical backtest
- After news similar to “Holding Bitcoin until 2034 may bring risk” (2025-10-07) was released, BTC 12h returned -1.70%; the outlook was bullish❌ wrong
- There were 282 bullish BTC-related news items in history. In 122 of them, the predicted direction matched the actual price action (accuracy 43%)
#Institutional moves
⚠️ Not investment advice
Musk publicly stated that Bitcoin is one of his largest personal holdings, directly benefiting market sentiment for BTC.
In an interview, Musk specifically named it: apart from the two companies Tesla and SpaceX, the largest asset he holds is Bitcoin. Note—this isn’t speculation; he said it himself. Over the past few years, his attitude toward BTC has flip-flopped repeatedly, from “Tesla accepts BTC payments” to a pause, and then only launching Dogecoin meme content. The market has long been unable to figure out his real holdings. This time, it’s like he has finally revealed a glimpse of his cards.
BTC is currently trading at $91.34,301.25, up 6.46% in the past 24 hours, indicating that capital is already rushing in.
Impact on the market
- Short term: One sentence from Musk can equal millions in ad spend. With X’s distribution power across more than 200 million followers, plus BTC’s 6.46% daily gain, retail FOMO sentiment is likely to continue. ETH also rallied 3.83% to $2,418.57, and the correlation effect is already showing.
- Medium term: When corporate executives publicly include BTC in core asset allocation, it will strengthen the narrative that “Bitcoin equals a corporate reserve asset.” Tesla itself holds about 10,000 BTC. Musk’s personal disclosure may prompt more listed companies to re-evaluate crypto allocation in their balance sheets.
My view
Bullish, but don’t chase. The short-term move is clearly driven by sentiment. After BTC breaks above $91.34K, the next thing to watch is whether it can hold this whole-number level. A pullback that doesn’t break the $91.34K range is a healthy走势. The risk lies in the volatility of what Musk says—today he hypes it, tomorrow he may post another meme mocking it. Whether a trend driven by such a figure can sustain is questionable. As a correlated asset, ETH may have greater upside elasticity, but it also comes with greater volatility. Bottom line: direction is up—don’t rush the timing.
- Coin: BTC / ETH
- Direction: Bullish📈 Predicting a price rise
- Duration: BTC 12 hours / ETH 24 hours
$BTC $ETH #BTC #ETH
📊 Historical backtest
- After news similar to “Holding Bitcoin until 2034 may bring risk” (2025-10-07) was released, BTC 12h returned -1.70%; the outlook was bullish❌ wrong
- There were 282 bullish BTC-related news items in history. In 122 of them, the predicted direction matched the actual price action (accuracy 43%)
#Institutional moves
⚠️ Not investment advice