Dogecoin: Elon Musk says he hasn't and won't sell any holdings
PremiumMusk has posted numerous comments about cryptocurrencies on Twitter this year, causing prices to gyrate.
Tesla Inc Chief Executive Officer and cryptocurrency supporter Elon Musk said on Thursday he has not and will not sell any of his dogecoin holdings.
"Yeah, I haven't & won't sell any Doge," Musk said on Twitter in response to a tweet on Thursday claiming he would never sell any of his doge holdings and that he was the "ultimate hodler".
MORE FROM THIS SECTIONSee All
Premium Premium JK Lakshmi Cement stock hits new 52-week high on blockbuster Q4 earnings
1 min read . 10:09 AM IST
His tweets on dogecoin have turned the once-obscure digital currency into a speculator's dream.
Musk has posted numerous comments about cryptocurrencies on Twitter this year, causing prices to gyrate.
Last week, Musk said Tesla would no longer accept bitcoin for car purchases, citing long-brewing environmental concerns for a swift reversal in the company's position on the cryptocurrency.
Dogecoin was up 12% at $0.405, according to crypto exchange Binance.
Never miss a story! Stay connected and informed with Mint. Download our App Now!!