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Elon Musk discovers a ‘link’ between Bitcoin and The Boring Company

Elon Musk discovers a 'link' between Bitcoin and The Boring Company

Tesla founder Elon Musk wrote that BTC is an anagram of TBC (The Boring Company), the SpaceX subsidiary.

“What a coincidence,” Musk exclaimed in astonishment.

Trader Michaël van de Poppe, in a comment to the tweet, urged the head of Tesla and SpaceX to stop sharing such discoveries.

Musk added that his company also mines, using blocks and chains.

Earlier, the founder of Tesla noted that Doge reads backwards as Egod.

In early February, the company Tesla invested $1.5 billion in Bitcoin, sparking optimism in the market and a Bitcoin rally to new heights. In the weeks following the cryptocurrency purchase, the company’s shares fell by more than 20%.

Tesla stock price dynamics. Data: Yahoo Finance.

In the same month, Musk joined the with a reference to Bitcoin at $100,000 meme, setting in his Twitter profile an image of an anime girl with glowing red eyes and the logo of the first cryptocurrency in the background.

Recently, former Goldman Sachs executive Gary Black urged Tesla to sell Bitcoin to halt the decline in its shares.

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