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Analysts have calculated the value of bitcoins that Elon Musk would have owned if he hadn’t bought Twitter

1:18 pm, March 12, 2024

The cryptocurrency bitcoin continues to break records, reaching new historical highs — recently BTC $97,815.38 Bitcoin 0.91% Market capitalization $1.94 trillion VOL. 24 hours $5.32 billion reached $ 72,000. Finbold analysts decided to calculate the value of bitcoins that Elon Musk would have owned if he hadn’t bought Twitter.

At the time of the billionaire’s acquisition of the social network, the value of BTC was $ 20,268 per coin. If Musk had decided to invest his $ 44 billion in bitcoin, his investment would have increased by 274%. Currently, the value of bitcoins that the businessman could buy would be more than $ 164 billion.

According to the latest data, Elon Musk’s net worth is $ 195 billion. If he had invested in the HTS, it would have strengthened his position as the richest man in the world, with a total fortune of over $ 350 billion.

According to Arkham Intelligence, an online intelligence platform, they have discovered bitcoin wallets belonging to Elon Musk’s companies. The experts managed to identify 96 crypto addresses associated with Elon Musk’s companies, including SpaceX, in the Bitcoin network. In total, the wallets of legal entities owned by Elon Musk accumulated 19,794 bitcoins worth more than $ 1.3 billion.

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