Is Elon Musk secretly buying Bitcoin?

It all started out as I liked it.

Elon Musk and Bitcoin – it’s a relationship that never gets quiet. For years, there has been constant chatter about whether Tesla CEOs are quietly buying more BTC, especially during times of uncertainty. Some believe he stacks up to protect him from what they see as a weakening of the US dollar.

The topic has grown once again. This is why.

Tweets that sparked everything

Bitcoin Magazine’s Crypto analysts and reporters shared a bold update on X.

“The wealthiest man in the $400 billion world liked Axe Post saying he secretly bought #bitcoin.

It all began with a tweet pointing out how Musk is speaking out about government spending and economic mismanagement, but hasn’t mentioned Bitcoin for a while.

The reply suggested that he might be quietly buying. That’s a post that Musk liked and yes, it appears to come from his verified profile.

Although some users were quickly called fakes, the original poster, @Coinjedined, shared a screen recording that showed it came from Musk’s official account. There were no official comments, but it hasn’t stopped Crypto Twitter from all in to speculation.

Timing Issues – Mask vs Trump on “Big Beautiful Building”

The timing is definitely interesting. That comes when Musk clashes with Donald Trump about the controversial “big beautiful bill.” This is a massive spending plan that includes a tax credit for the wealthy, a large deportation plan and a $5 trillion debt cap.

Musk, who once headed the Government Efficiency Bureau (DOGE), denounced the bill and called it “nasty and hateful.” Trump will fight back against the true society, suggesting that Musk will not survive without government subsidies, and he will need to “pack up and return to South Africa.”

All this adds to tension and gives more weight to the idea that masks can quietly move money to Bitcoin as a hedge.

Tesla’s Bitcoin Holdings: No Sales, Other Rumors

Tesla already owns 11,509 BTC, worth around $1.24 billion at its current price. And they haven’t sold one coin recently, even if Bitcoin reaches a new high. That alone is enough to raise your eyebrows.

In fact, rumors have been on the rise for a while as Tesla may be planning to buy another $3 billion worth of Bitcoin. Nothing has been confirmed, but the company already has Coinbase Prime Custody installed, making it a good choice to scale up.

So is Musk buying Bitcoin again?

There is no official confirmation. It’s just my favorite tweets and a very lively rumored mill. However, in the case of musk, subtle movements often lead to big headlines. And given his history with political drama, economic uncertainty and code, it’s not surprising he’s betting on Bitcoin again.