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    Home»Bitcoin»Bitcoin Backing Urged as Musk-Trump Feud Escalates – Bitbo
    Bitcoin Backing Urged as Musk-Trump Feud Escalates – Bitbo
    Bitcoin

    Bitcoin Backing Urged as Musk-Trump Feud Escalates – Bitbo

    By Crypto EditorJune 8, 2025No Comments3 Mins Read
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    Bitcoin Backing Urged as Musk-Trump Feud Escalates – Bitbo

    Key Takeaways

    • Samson Mow urged Elon Musk to undertake a full Bitcoin technique at Tesla and SpaceX.
    • Tesla’s digital asset holdings dropped from $1.076 billion to $951 million in Q1.
    • The Musk-Trump feud intensified with mutual criticism over tariffs and subsidies.

    As tensions rise between Elon Musk and Donald Trump, outstanding voices within the Bitcoin house are encouraging Musk to totally embrace Bitcoin as a strategic countermeasure.

    Samson Mow’s name to motion

    JAN3 CEO Samson Mow on June 6 wrote:

    @elonmusk, it’s time to go all in on Bitcoin.

    .@elonmusk it’s time to go all in on #Bitcoin.@Tesla can take BTC for funds once more and implement a Bitcoin Treasury Technique.@SpaceX may give a reduction on launches paid in Bitcoin.

    Pressure a tough cash normal on the cash printers.

    — Samson Mow (@Excellion) June 5, 2025

    He urged Musk to start accepting Bitcoin funds at Tesla once more and to undertake a Bitcoin treasury technique.

    Tesla had beforehand halted Bitcoin funds in 2021 over environmental considerations however nonetheless holds over $950 million in digital property, down from $1.076 billion firstly of Q1.

    Bitcoin reductions at SpaceX

    Mow went additional, suggesting that Musk’s aerospace firm, SpaceX, ought to supply reductions to clients who pay in Bitcoin.

    Mow said:

    Pressure a tough cash normal on the cash printers.

    He additionally warned Musk:

    Not less than do it earlier than they freeze your fiat property.

    This isn’t monetary recommendation. That is freedom recommendation.

    — Samson Mow (@Excellion) June 5, 2025

    The Musk-Trump feud

    The remarks come amid a rising feud between Musk and Trump.

    The conflict started when Musk criticized Trump’s tax invoice on June 3 and escalated with public barbs, together with Musk warning that Trump’s proposed world tariffs would set off a recession.

    Trump responded by suggesting Musk’s authorities contracts needs to be terminated to save lots of taxpayer cash.

    Boyd Cohen’s perspective

    Lomob CEO Boyd Cohen added that if Musk totally embraced Bitcoin:

    He’d construct or purchase his technique to the most important BTC treasury.

    Cohen additionally stated Musk would additionally put it up for sale as…

    … the one path to freedom.

    If Musk have been to go BTC maxi, all bets are off in so some ways. He would not do something small. He’d construct or purchase his technique to the most important BTC treasury, he’d settle for BTC in all his companies, he’d be becoming a member of Bitcoin Presidents on the world stage selling it as the one path to…

    — Boyd Cohen (@boydcohen) June 6, 2025

    Bitbo Dashboard → / Unique Article

    Get extra information like this

    Twice-weekly Bitcoin-only e-newsletter by Bitbo.





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