• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with 'higher economic cost' in new escalation that could transform the war

2

Widow of airman killed in Mideast was told hazard pay and combat-related tax breaks wouldn't apply because 'we were not at war.' A viral post fixed it

3

Despite being a multimillionaire, Suze Orman still cooks at home whenever possible—and says eating out is one of the biggest wastes of money

1

After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with 'higher economic cost' in new escalation that could transform the war

2

Widow of airman killed in Mideast was told hazard pay and combat-related tax breaks wouldn't apply because 'we were not at war.' A viral post fixed it

3

Despite being a multimillionaire, Suze Orman still cooks at home whenever possible—and says eating out is one of the biggest wastes of money
Elon Musk

Here’s How Much Bitcoin Elon Musk Owns

By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
February 23, 2018, 6:26 PM ET
Google source logo
Add Fortune on Google for similar content.

Tesla CEO Elon Musk isn’t exactly active in cryptocurrency. Musk revealed this week on Twitter how much Bitcoin he owns—and it’s not much.

Musk shed light on his bitcoin ownership in response to a question from a Twitter follower asking why there were so many bots impersonating him to push cryptocurrency scams.

“What’s with all the ETH spam?” the Twitter user asked, referring to the cryptocurrency Ethereum. Musk tweeted back: “Not sure. I let Jack know, but it’s still going.” Musk was referring to Twitter CEO Jack Dorsey.

“I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago,” Musk said in a tweet on Thursday. That’s about $2,500 as of Friday evening (as of Friday afternoon, one Bitcoin was worth $10,012).

Not sure. I let @jack know, but it’s still going. I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago.

— Elon Musk (@elonmusk) February 22, 2018

That’s not a lot of money for Musk, who is worth billions. But even if Musk needed to access his bitcoin, he’d be unable to.

Late last year, a theory circulated that the true identity of Satoshi Nakamoto, Bitcoin’s pseudonymous creator, is Musk. The blog post that floated the idea was by Sahil Gupta, a former intern at Musk’s other company, SpaceX.

Not true. A friend sent me part of a BTC a few years, but I don’t know where it is.

— Elon Musk (@elonmusk) November 28, 2017

Someone on Twitter sent Musk a news article about the post. Not only was it untrue, Musk said, but he’s forgotten where his bitcoin is stored. Losing bitcoin isn’t so unusual. As Fortune exclusively revealed, somewhere between 2.78 million and 3.79 million bitcoins have been misplaced over the years.

About the Author
By Kirsten Korosec
See full bioRight Arrow Button Icon
Google source logo
Add Fortune on Google for similar content.

Latest in


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.