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Cryptocurrencies

Musk Says SpaceX Owns Bitcoin, Wood Touts Balance-Sheet Benefits

  • Tesla founder says he has no plans to sell the cryptocurrency
  • Musk speaks at B Word panel with Cathie Wood and Jack Dorsey

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Bitcoin Rises Past $32,000 as Musk, Dorsey Discuss Bull Case
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Elon Musk’s love affair with Bitcoin runs deeper than previously known.

The billionaire head of Tesla Inc. said his space exploration company also owns the digital token -- and has no plans to sell it.