Elon Musk, the tech billionaire and entrepreneur known for founding and leading Tesla Motors and SpaceX, revealed on Twitter Thursday Feb. 22, how much Bitcoin (BTC) he owns — 0.25 BTC or about $2,478 as of press time, or 0.000012% of his total net worth.
Musk’s cryptocurrency holdings reveal comes after a number of fake accounts posing to be various well-known figures, including Musk, cropped up on Twitter promising crypto donations to those who send them crypto.
On Feb. 22 a Twitter user concerned about the scam accounts asked Musk in a tweet "why is all the spam popping up lately?"
Musk responded that he had already reported the issue to Twitter CEO Jack Dorsey to no avail. Evidently as a way of explaining his surprise at the multiple scams, Musk noted in the same tweet that apart from the 0.25 BTC a friend had given to him “many years ago”, he "literally own[s] zero cryptocurrency."
The Bitcoin sum he reports to own is indeed an extremely small fraction of Musk’s total net worth, which stands at $21.4 billion as of Feb. 24.
As Cointelegraph reported Feb. 21, a cloud security firm recently reported that Tesla’s non-password protected Amazon Web Service’s (AWS) software container had been hacked to mine cryptocurrency over an as yet unknown period of time.