Ah, Elon Musk. The Tesla CEO who seemingly does everything with the subtlety of a bulldozer, from turning car production into a spectacle to tweeting cryptic messages that send entire markets into panic. And now, the man who’s already dipped his toes in Bitcoin with Tesla is about to go all-in? Robert Leshner, founder of Compound, half-jokingly speculated that Musk might be just two weeks away from buying a cool $100 billion in Bitcoin. Because why not? It’s only *a little* bit crazy.
With Musk’s colossal influence and Tesla’s existing Bitcoin stash, Leshner’s playful musing has sparked the world’s curiosity: Could Musk, in his usual eccentric fashion, be about to re-write the rules of corporate crypto investment? Or, as some might say, ignite an apocalypse of financial consequences? 🤔
At this rate, we are like two weeks away from @elonmusk buying $100B of Bitcoin and tanking the dollar
— Robert Leshner (@rleshner) June 5, 2025
Musk’s Criticism of U.S. Deficit Spurs Bitcoin Speculation
Leshner’s bold remark comes on the heels of Musk’s criticism of a recent House tax bill that promises to shove trillions of dollars onto the federal deficit’s already precarious pile. Musk, never one to hold back, slammed the bill, calling it out for what he views as reckless fiscal insanity. Naturally, some are now wondering if Musk, ever the disruptor, might take matters into his own hands and hedge against the weakening dollar by sinking $100 billion into Bitcoin. Because who needs traditional investment methods, right?
What Would a $100 Billion Bitcoin Buy Mean?
For those who still think Bitcoin is just some nerdy internet money, think again. Bitcoin’s supply is capped at 21 million coins, and about 19.87 million of those are already out there in the wild. So, Musk buying $100 billion worth? That’s going to squeeze the market harder than a bad Wi-Fi connection during a Zoom meeting. We’d likely see prices surge as exchange sellers start demanding more for their precious coins.
But it’s not just about price—this move would likely send shockwaves through the financial world. The confidence it would instill in the market could be enough to send more investors, and maybe even more corporations, flocking to Bitcoin. If Tesla leads this charge, we could see Bitcoin marching straight into the mainstream with a capital ‘M’. So much for those doubting crypto’s legitimacy, eh?
Crypto Experts Weigh In on Musk’s Next Step
Crypto experts have, unsurprisingly, thrown in their two satoshis. Blockstream’s CEO, Adam Back, believes Bitcoin is a “perfect fit” for Musk’s vision but isn’t sure Musk will increase Tesla’s relatively small Bitcoin holdings too dramatically. Smart move, sure. But when it comes to Musk, we all know better than to assume he’ll play it safe.
Meanwhile, Samson Mow had to throw his hat into the ring on X (formerly Twitter, because branding), urging Musk to go *all in* on Bitcoin. Mow suggested Tesla accept Bitcoin payments again, even proposed SpaceX offering discounts for Bitcoin payments, and called for the implementation of a Bitcoin Treasury Strategy. Because why not throw in a little extra chaos into the mix? 🌌
.@elonmusk it’s time to go all in on #Bitcoin.@Tesla can take BTC for payments again and implement a Bitcoin Treasury Strategy.@SpaceX can give a discount on launches paid in Bitcoin.
Force a hard money standard on the money printers.
— Samson Mow (@Excellion) June 5, 2025
What’s Next? The Crypto World Waits
While Musk hasn’t confirmed any plans to drop a $100 billion bomb on Bitcoin, Leshner’s cheeky remark has lit a fire under the rumor mill. If Musk *does* make this earth-shattering move, it could put even more pressure on the dollar, which is already feeling the strain from the U.S. deficit. And let’s be honest—who doesn’t love a bit of good financial drama? 💥
All eyes are now on Musk to see if he’ll make the next big, game-changing move in the crypto world. Hold on tight, folks. This is about to get interesting.
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2025-06-06 14:23