🕷️ Crawler Inspector

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1. Shard Calculation

Query:

Response:

Calculated Shard: 192 (from laksa178)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa192.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://finance.yahoo.com/news/elon-musk-finally-speaks-bitcoin-122846382.html\')), getAhrefsUnparsedNoserviceFromURL(\'https://finance.yahoo.com/news/elon-musk-finally-speaks-bitcoin-122846382.html\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/finance.yahoo.com\/news\/elon-musk-finally-speaks-bitcoin-122846382.html","crawl_time":1773134659,"first_indexed_time":1760445840,"http_code":200,"src_unparsed":"com,yahoo!finance,\/news\/elon-musk-finally-speaks-bitcoin-122846382.html s443","src_root_hash":"3401813433841292792","history_drop_reason":null,"meta_title":"Elon Musk finally speaks on Bitcoin after Tesla’s major dump over energy concerns","meta_descriptions":["Elon Musk has linked Bitcoin’s energy foundation to the world’s accelerating artificial intelligence (AI) boom, arguing that energy not fiat money is the ultimate store of value. Responding to a post by financial outlet ZeroHedge on Oct. 13, Musk agreed that the ongoing global race to dominate AI ..."],"attrs_boilerpipe_text":"Elon Musk\nhas linked\nBitcoin’s\nenergy foundation to the world’s accelerating artificial intelligence (AI) boom, arguing that energy not fiat money is the ultimate store of value.\nResponding to a post by financial outlet ZeroHedge on Oct. 13, Musk agreed that the ongoing global race to dominate AI will drive massive spending and potential currency debasement.\n“True,” Musk\nwrote\non X (formerly Twitter).\n“That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.”\nZeroHedge had earlier noted that the “money is not the problem” in the AI race, suggesting that future capital expenditure (capex) will be underwritten by governments in the U.S. and China.\n“If you want to know why gold, silver, and Bitcoin are soaring, it’s the debasement to fund the AI arms race,” ZeroHedge posted. “But you can’t print energy.”\nPeter Thiel-backed crypto stocks surge after market crash\nUK lifts ban on crypto ETNs today\nTrump says ‘don’t worry about China,’ crypto markets rally\nIn February 2021, Tesla\nannounced it had purchased $1.5 billion\nworth of Bitcoin and would begin accepting it as payment for vehicles. Musk hailed the cryptocurrency’s potential as “a good thing” and positioned Tesla as a forward-looking company embracing decentralized finance.\nWithin months, however, that optimism cooled. By May 2021, Musk announced Tesla would suspend Bitcoin payments, citing environmental concerns about the cryptocurrency’s proof-of-work (PoW) mining model, which consumes significant energy to secure the network.\n“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions,” Musk said at the time.\nIn July 2022, Tesla quietly\ndumped\nroughly 75% of its Bitcoin holdings, worth about $936 million, during a period of macroeconomic uncertainty and market stress. The company said the sale was made to “maximize liquidity” amid COVID-related shutdowns in China, but the decision effectively ended Tesla’s brief tenure as a major Bitcoin holder.\nDespite this, Musk never entirely abandoned Bitcoin. He has repeatedly described himself as a supporter of “crypto in principle”, often distinguishing between its technological merits and its environmental footprint.\nHe’s also praised Dogecoin, calling it “the people’s crypto,” and has integrated DOGE payments into Tesla’s online store for select merchandise.\nAs of the latest data from Arkham Intelligence, Tesla holds approximately 11,509 BTC, valued at around $1.29 billion at current market prices.","attrs_markdown":"SOMETHING\\_WENT\\_WRONG\n\n[SKIP\\_TO\\_NAVIGATION](https:\/\/finance.yahoo.com\/news\/elon-musk-finally-speaks-bitcoin-122846382.html#navigation-container)  [SKIP\\_NAVIGATION](https:\/\/finance.yahoo.com\/news\/elon-musk-finally-speaks-bitcoin-122846382.html#nimbus-app)  [SKIP\\_DOCK](https:\/\/finance.yahoo.com\/news\/elon-musk-finally-speaks-bitcoin-122846382.html#right-rail)\n\n...\n\n[UPGRADE\\_TO\\_PREMIUM](https:\/\/finance.yahoo.com\/about\/plans\/select-plan\/?.done=https%3A%2F%2Ffinance.yahoo.com%2Fnews%2Felon-musk-finally-speaks-bitcoin-122846382.html&ncid=_1088_DCM-PARTNER_NATIVE_US_NoTargeting_HeaderEyebrow_YahooFinanceUsers___RightRail_Header-UpgradetoPaidSubscriptionButton__N_)\n\n[![TheStreet](https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/RO6M7dCx66XiY4IQt9d9gA--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTE0NDtoPTQ4\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-01\/843fa1d0-c429-11ee-9ffc-fcd336cb7829)](https:\/\/www.thestreet.com\/ \"TheStreet\")\n\n# Elon Musk finally speaks on Bitcoin after Tesla’s major dump over energy concerns\n![](https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/n2y7hyxVd_ImHjm0jf52cw--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--\/https:\/\/media.zenfs.com\/en\/thestreet_881\/45565bcf5d1b7069533e1f625479944e)\n\nMehab Qureshi\n\nOctober 14, 2025\n\n2 MINUTES\\_READ\n\nIN\\_THIS\\_ARTICLE:\n\n[Elon Musk](https:\/\/www.thestreet.com\/crypto\/tag\/elon-musk-1) has linked [Bitcoin’s](https:\/\/www.thestreet.com\/crypto\/tag\/bitcoin) energy foundation to the world’s accelerating artificial intelligence (AI) boom, arguing that energy not fiat money is the ultimate store of value.\n\nResponding to a post by financial outlet ZeroHedge on Oct. 13, Musk agreed that the ongoing global race to dominate AI will drive massive spending and potential currency debasement.\n\n“True,” Musk [wrote](https:\/\/x.com\/elonmusk\/status\/1977986775994843641?s=46) on X (formerly Twitter).\n\n> **“That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.”**\n\nZeroHedge had earlier noted that the “money is not the problem” in the AI race, suggesting that future capital expenditure (capex) will be underwritten by governments in the U.S. and China.\n\n“If you want to know why gold, silver, and Bitcoin are soaring, it’s the debasement to fund the AI arms race,” ZeroHedge posted. “But you can’t print energy.”\n\n### More news\n- **[Peter Thiel-backed crypto stocks surge after market crash](https:\/\/finance.yahoo.com\/news\/peter-thiel-backed-crypto-stocks-181251574.html)**\n- [**UK lifts ban on crypto ETNs today**](https:\/\/finance.yahoo.com\/news\/uk-lifts-ban-crypto-etns-153233895.html)\n- [**Trump says ‘don’t worry about China,’ crypto markets rally**](https:\/\/finance.yahoo.com\/news\/trump-says-don-t-worry-205131985.html)\n## Tesla purchases \\$1.5B in Bitcoin\nIn February 2021, Tesla [announced it had purchased \\$1.5 billion](https:\/\/www.thestreet.com\/crypto\/markets\/tesla-did-not-increase-its-bitcoin-holdings%20its%20holdings%20in%202022.) worth of Bitcoin and would begin accepting it as payment for vehicles. Musk hailed the cryptocurrency’s potential as “a good thing” and positioned Tesla as a forward-looking company embracing decentralized finance.\n\nWithin months, however, that optimism cooled. By May 2021, Musk announced Tesla would suspend Bitcoin payments, citing environmental concerns about the cryptocurrency’s proof-of-work (PoW) mining model, which consumes significant energy to secure the network.\n\n“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions,” Musk said at the time.\n\n## Tesla dumps 75% Bitcoin holdings\nIn July 2022, Tesla quietly [dumped](https:\/\/intel.arkm.com\/explorer\/entity\/tesla) roughly 75% of its Bitcoin holdings, worth about \\$936 million, during a period of macroeconomic uncertainty and market stress. The company said the sale was made to “maximize liquidity” amid COVID-related shutdowns in China, but the decision effectively ended Tesla’s brief tenure as a major Bitcoin holder.\n\nDespite this, Musk never entirely abandoned Bitcoin. He has repeatedly described himself as a supporter of “crypto in principle”, often distinguishing between its technological merits and its environmental footprint.\n\nHe’s also praised Dogecoin, calling it “the people’s crypto,” and has integrated DOGE payments into Tesla’s online store for select merchandise.\n\nAs of the latest data from Arkham Intelligence, Tesla holds approximately 11,509 BTC, valued at around \\$1.29 billion at current market prices.\n\nSTORY\\_CONTINUES\n\n**[Related: Elon Musk and Tesla Still Hold Bitcoin](https:\/\/www.thestreet.com\/crypto\/investing\/elon-musk-and-tesla-still-hold-bitcoin)**\n\n*This story was originally reported by [TheStreet](https:\/\/www.thestreet.com\/crypto\/elon-musk-has-a-sharp-response-to-ai-spending-frenzy) on Oct 14, 2025, where it first appeared in the [Technology News](https:\/\/www.thestreet.com\/technology) section. Add TheStreet as a [Preferred Source by clicking here.](https:\/\/google.com\/preferences\/source?q=thestreet.com)*\n\n[TERMS](https:\/\/guce.yahoo.com\/terms?locale=en-US)  AND [PRIVACY\\_POLICY](https:\/\/guce.yahoo.com\/privacy-policy?locale=en-US)\n\n[Privacy & Cookie Settings](https:\/\/guce.yahoo.com\/privacy-settings?locale=en-US)\n\n[More Info](https:\/\/finance.yahoo.com\/more-info)\n## RECOMMENDED\\_STORIES\n\nCOPYRIGHT\n\nABOUT\n\n[DISCLAIMER](https:\/\/help.yahoo.com\/kb\/finance-for-web\/SLN2310.html?locale=en_US) [HELP](https:\/\/help.yahoo.com\/kb\/finance-for-web) [FEEDBACK](https:\/\/yahoo.uservoice.com\/forums\/952723-finance-b3) [SITEMAP](https:\/\/finance.yahoo.com\/sitemap\/) [WHATS\\_NEW](https:\/\/finance.yahoo.com\/about\/whatsnew\/) [ABOUT\\_OUR\\_ADS](https:\/\/policies.oath.com\/us\/en\/oath\/privacy\/adinfo\/index.html)  [PREMIUM\\_PLANS](https:\/\/finance.yahoo.com\/about\/plans\/)\n\n[TERMS](https:\/\/guce.yahoo.com\/terms?locale=en-US)  AND [PRIVACY\\_POLICY](https:\/\/guce.yahoo.com\/privacy-policy?locale=en-US)\n\n[Privacy & Cookie Settings](https:\/\/guce.yahoo.com\/privacy-settings?locale=en-US)\n\n[More Info](https:\/\/finance.yahoo.com\/more-info)\n\n- U.S. markets open in 4h 6m\n  \n  US\n  \n  EUROPE\n  \n  ASIA\n  \n  CRYPTOCURRENCIES\n  \n  RATES\n  \n  COMMODITIES\n  \n  CURRENCIES\n  \n  - [S\\&P Futures 6,830.50 +29.50 (+0.43%)](https:\/\/finance.yahoo.com\/quote\/ES%3DF\/)\n  - [Dow Futures 47,980.00 +211.00 (+0.44%)](https:\/\/finance.yahoo.com\/quote\/YM%3DF\/)\n  - [Nasdaq Futures 25,125.25 +134.25 (+0.54%)](https:\/\/finance.yahoo.com\/quote\/NQ%3DF\/)\n  - [Russell 2000 Futures 2,565.40 +11.50 (+0.45%)](https:\/\/finance.yahoo.com\/quote\/RTY%3DF\/)\n  - [VIX 23.38 -6.11 (-20.70%)](https:\/\/finance.yahoo.com\/quote\/%5EVIX\/)\n  - [Gold 5,197.80 +94.10 (+1.84%)](https:\/\/finance.yahoo.com\/quote\/GC%3DF\/)\n- [TRENDING\\_TICKERS](https:\/\/finance.yahoo.com\/trending-tickers)\n  \n  - [BTC-USD Bitcoin USD 70,962.96 +3,084.75 (+4.54%)](https:\/\/finance.yahoo.com\/quote\/BTC-USD\/)\n  - [ORCL Oracle Corporation 151.56 -1.40 (-0.92%)](https:\/\/finance.yahoo.com\/quote\/ORCL\/)\n  - [GSIW Garden Stage Limited 33.21 +23.67 (+248.11%)](https:\/\/finance.yahoo.com\/quote\/GSIW\/)\n  - [ETH-USD Ethereum USD 2,061.48 +62.22 (+3.11%)](https:\/\/finance.yahoo.com\/quote\/ETH-USD\/)\n  - 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[EMAT Evolution Metals & Technologies Corp. 8.17 -1.59 (-16.29%)](https:\/\/finance.yahoo.com\/quote\/EMAT\/)\n  - [PBF PBF Energy Inc. 38.12 -5.13 (-11.86%)](https:\/\/finance.yahoo.com\/quote\/PBF\/)\n  - [VG Venture Global, Inc. 11.51 -0.97 (-7.77%)](https:\/\/finance.yahoo.com\/quote\/VG\/)\n  - [GPOR Gulfport Energy Corporation 197.06 -14.39 (-6.81%)](https:\/\/finance.yahoo.com\/quote\/GPOR\/)\n  - [PSKY Paramount Skydance Corporation 11.19 -0.80 (-6.67%)](https:\/\/finance.yahoo.com\/quote\/PSKY\/)\n- [MOST\\_ACTIVES\\_MODULE](https:\/\/finance.yahoo.com\/most-active\/)\n  \n  - [HIMS Hims & Hers Health, Inc. 22.16 +6.42 (+40.79%)](https:\/\/finance.yahoo.com\/quote\/HIMS\/)\n  - [NVDA NVIDIA Corporation 182.65 +4.76 (+2.68%)](https:\/\/finance.yahoo.com\/quote\/NVDA\/)\n  - [AAL American Airlines Group Inc. 11.44 +0.26 (+2.33%)](https:\/\/finance.yahoo.com\/quote\/AAL\/)\n  - [ONDS Ondas Inc. 9.72 -0.11 (-1.12%)](https:\/\/finance.yahoo.com\/quote\/ONDS\/)\n  - [PLUG Plug Power Inc. 2.1800 +0.0500 (+2.35%)](https:\/\/finance.yahoo.com\/quote\/PLUG\/)\n- [TOP\\_ECONOMIC\\_EVENTS](https:\/\/finance.yahoo.com\/calendar\/economic)\n  \n  [TOP\\_ECONOMIC\\_EVENTS](https:\/\/finance.yahoo.com\/calendar\/economic)\n  \n  ![](https:\/\/s.yimg.com\/cv\/apiv2\/flags\/ca.svg) Canada\n  \n  MODULE\\_CALENDAR\\_EMPTY\\_MSG\n  \n  [MODULE\\_CALENDAR\\_ALL\\_EVENTS\\_MSG](https:\/\/finance.yahoo.com\/calendar\/economic)\n- [TOP\\_EARNINGS\\_EVENTS](https:\/\/finance.yahoo.com\/calendar\/earnings?day=2026-03-10)\n  \n  MY\\_EARNINGS\\_EVENTS\n  \n  TOP\\_EARNINGS\\_EVENTS\n\nEDIT\\_DOCK\n\n[TERMS](https:\/\/guce.yahoo.com\/terms?locale=en-US)  AND [PRIVACY\\_POLICY](https:\/\/guce.yahoo.com\/privacy-policy?locale=en-US)\n\n[Privacy & Cookie Settings](https:\/\/guce.yahoo.com\/privacy-settings?locale=en-US)\n\n[AD\\_TERMS](https:\/\/policies.oath.com\/us\/en\/oath\/privacy\/adinfo\/index.html)  [FEEDBACK](https:\/\/yahoo.uservoice.com\/forums\/952723-finance-b3)  [More Info](https:\/\/finance.yahoo.com\/more-info)","attrs_readable_markdown":"[Elon Musk](https:\/\/www.thestreet.com\/crypto\/tag\/elon-musk-1) has linked [Bitcoin’s](https:\/\/www.thestreet.com\/crypto\/tag\/bitcoin) energy foundation to the world’s accelerating artificial intelligence (AI) boom, arguing that energy not fiat money is the ultimate store of value.\n\nResponding to a post by financial outlet ZeroHedge on Oct. 13, Musk agreed that the ongoing global race to dominate AI will drive massive spending and potential currency debasement.\n\n“True,” Musk [wrote](https:\/\/x.com\/elonmusk\/status\/1977986775994843641?s=46) on X (formerly Twitter).\n\n> **“That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.”**\n\nZeroHedge had earlier noted that the “money is not the problem” in the AI race, suggesting that future capital expenditure (capex) will be underwritten by governments in the U.S. and China.\n\n“If you want to know why gold, silver, and Bitcoin are soaring, it’s the debasement to fund the AI arms race,” ZeroHedge posted. “But you can’t print energy.”\n\n- **[Peter Thiel-backed crypto stocks surge after market crash](https:\/\/finance.yahoo.com\/news\/peter-thiel-backed-crypto-stocks-181251574.html)**\n- [**UK lifts ban on crypto ETNs today**](https:\/\/finance.yahoo.com\/news\/uk-lifts-ban-crypto-etns-153233895.html)\n- [**Trump says ‘don’t worry about China,’ crypto markets rally**](https:\/\/finance.yahoo.com\/news\/trump-says-don-t-worry-205131985.html)\n\nIn February 2021, Tesla [announced it had purchased \\$1.5 billion](https:\/\/www.thestreet.com\/crypto\/markets\/tesla-did-not-increase-its-bitcoin-holdings%20its%20holdings%20in%202022.) worth of Bitcoin and would begin accepting it as payment for vehicles. Musk hailed the cryptocurrency’s potential as “a good thing” and positioned Tesla as a forward-looking company embracing decentralized finance.\n\nWithin months, however, that optimism cooled. By May 2021, Musk announced Tesla would suspend Bitcoin payments, citing environmental concerns about the cryptocurrency’s proof-of-work (PoW) mining model, which consumes significant energy to secure the network.\n\n“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions,” Musk said at the time.\n\nIn July 2022, Tesla quietly [dumped](https:\/\/intel.arkm.com\/explorer\/entity\/tesla) roughly 75% of its Bitcoin holdings, worth about \\$936 million, during a period of macroeconomic uncertainty and market stress. The company said the sale was made to “maximize liquidity” amid COVID-related shutdowns in China, but the decision effectively ended Tesla’s brief tenure as a major Bitcoin holder.\n\nDespite this, Musk never entirely abandoned Bitcoin. He has repeatedly described himself as a supporter of “crypto in principle”, often distinguishing between its technological merits and its environmental footprint.\n\nHe’s also praised Dogecoin, calling it “the people’s crypto,” and has integrated DOGE payments into Tesla’s online store for select merchandise.\n\nAs of the latest data from Arkham Intelligence, Tesla holds approximately 11,509 BTC, valued at around \\$1.29 billion at current market prices.","meta_canonical":null}

3. Robots.txt Check

Query:

Response:

4. Spam/Ban Check

Query:

Response:

5. Seen Status Check

ℹ️ Skipped - page is already crawled

📄

INDEXABLE

✅

CRAWLED

1 month ago

🤖

ROBOTS ALLOWED

Page Info Filters

Filter	Status	Condition	Details
HTTP status	PASS	`download_http_code = 200`	HTTP 200
Age cutoff	PASS	`download_stamp > now() - 6 MONTH`	1.3 months ago (distributed domain, exempt)
History drop	PASS	`isNull(history_drop_reason)`	No drop reason
Spam/ban	PASS	`fh_dont_index != 1 AND ml_spam_score = 0`	ml_spam_score=0
Canonical	PASS	`meta_canonical IS NULL OR = '' OR = src_unparsed`	Not set

Page Details

Property	Value
URL	https://finance.yahoo.com/news/elon-musk-finally-speaks-bitcoin-122846382.html
Last Crawled	2026-03-10 09:24:19 (1 month ago)
First Indexed	2025-10-14 12:44:00 (6 months ago)
HTTP Status Code	200
Meta Title	Elon Musk finally speaks on Bitcoin after Tesla’s major dump over energy concerns
Meta Description	Elon Musk has linked Bitcoin’s energy foundation to the world’s accelerating artificial intelligence (AI) boom, arguing that energy not fiat money is the ultimate store of value. Responding to a post by financial outlet ZeroHedge on Oct. 13, Musk agreed that the ongoing global race to dominate AI ...
Meta Canonical	null
Boilerpipe Text	Elon Musk has linked Bitcoin’s energy foundation to the world’s accelerating artificial intelligence (AI) boom, arguing that energy not fiat money is the ultimate store of value. Responding to a post by financial outlet ZeroHedge on Oct. 13, Musk agreed that the ongoing global race to dominate AI will drive massive spending and potential currency debasement. “True,” Musk wrote on X (formerly Twitter). “That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.” ZeroHedge had earlier noted that the “money is not the problem” in the AI race, suggesting that future capital expenditure (capex) will be underwritten by governments in the U.S. and China. “If you want to know why gold, silver, and Bitcoin are soaring, it’s the debasement to fund the AI arms race,” ZeroHedge posted. “But you can’t print energy.” Peter Thiel-backed crypto stocks surge after market crash UK lifts ban on crypto ETNs today Trump says ‘don’t worry about China,’ crypto markets rally In February 2021, Tesla announced it had purchased $1.5 billion worth of Bitcoin and would begin accepting it as payment for vehicles. Musk hailed the cryptocurrency’s potential as “a good thing” and positioned Tesla as a forward-looking company embracing decentralized finance. Within months, however, that optimism cooled. By May 2021, Musk announced Tesla would suspend Bitcoin payments, citing environmental concerns about the cryptocurrency’s proof-of-work (PoW) mining model, which consumes significant energy to secure the network. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions,” Musk said at the time. In July 2022, Tesla quietly dumped roughly 75% of its Bitcoin holdings, worth about $936 million, during a period of macroeconomic uncertainty and market stress. The company said the sale was made to “maximize liquidity” amid COVID-related shutdowns in China, but the decision effectively ended Tesla’s brief tenure as a major Bitcoin holder. Despite this, Musk never entirely abandoned Bitcoin. He has repeatedly described himself as a supporter of “crypto in principle”, often distinguishing between its technological merits and its environmental footprint. He’s also praised Dogecoin, calling it “the people’s crypto,” and has integrated DOGE payments into Tesla’s online store for select merchandise. As of the latest data from Arkham Intelligence, Tesla holds approximately 11,509 BTC, valued at around $1.29 billion at current market prices.
Markdown	SOMETHING\_WENT\_WRONG [SKIP\_TO\_NAVIGATION](https://finance.yahoo.com/news/elon-musk-finally-speaks-bitcoin-122846382.html#navigation-container) [SKIP\_NAVIGATION](https://finance.yahoo.com/news/elon-musk-finally-speaks-bitcoin-122846382.html#nimbus-app) [SKIP\_DOCK](https://finance.yahoo.com/news/elon-musk-finally-speaks-bitcoin-122846382.html#right-rail) ... [UPGRADE\_TO\_PREMIUM](https://finance.yahoo.com/about/plans/select-plan/?.done=https%3A%2F%2Ffinance.yahoo.com%2Fnews%2Felon-musk-finally-speaks-bitcoin-122846382.html&ncid=_1088_DCM-PARTNER_NATIVE_US_NoTargeting_HeaderEyebrow_YahooFinanceUsers___RightRail_Header-UpgradetoPaidSubscriptionButton__N_) [![TheStreet](https://s.yimg.com/ny/api/res/1.2/RO6M7dCx66XiY4IQt9d9gA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTE0NDtoPTQ4/https://s.yimg.com/os/creatr-uploaded-images/2024-01/843fa1d0-c429-11ee-9ffc-fcd336cb7829)](https://www.thestreet.com/ "TheStreet") # Elon Musk finally speaks on Bitcoin after Tesla’s major dump over energy concerns ![](https://s.yimg.com/ny/api/res/1.2/n2y7hyxVd_ImHjm0jf52cw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/thestreet_881/45565bcf5d1b7069533e1f625479944e) Mehab Qureshi October 14, 2025 2 MINUTES\_READ IN\_THIS\_ARTICLE: [Elon Musk](https://www.thestreet.com/crypto/tag/elon-musk-1) has linked [Bitcoin’s](https://www.thestreet.com/crypto/tag/bitcoin) energy foundation to the world’s accelerating artificial intelligence (AI) boom, arguing that energy not fiat money is the ultimate store of value. Responding to a post by financial outlet ZeroHedge on Oct. 13, Musk agreed that the ongoing global race to dominate AI will drive massive spending and potential currency debasement. “True,” Musk [wrote](https://x.com/elonmusk/status/1977986775994843641?s=46) on X (formerly Twitter). > “That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.” ZeroHedge had earlier noted that the “money is not the problem” in the AI race, suggesting that future capital expenditure (capex) will be underwritten by governments in the U.S. and China. “If you want to know why gold, silver, and Bitcoin are soaring, it’s the debasement to fund the AI arms race,” ZeroHedge posted. “But you can’t print energy.” ### More news - [Peter Thiel-backed crypto stocks surge after market crash](https://finance.yahoo.com/news/peter-thiel-backed-crypto-stocks-181251574.html) - [UK lifts ban on crypto ETNs today](https://finance.yahoo.com/news/uk-lifts-ban-crypto-etns-153233895.html) - [Trump says ‘don’t worry about China,’ crypto markets rally](https://finance.yahoo.com/news/trump-says-don-t-worry-205131985.html) ## Tesla purchases \$1.5B in Bitcoin In February 2021, Tesla [announced it had purchased \$1.5 billion](https://www.thestreet.com/crypto/markets/tesla-did-not-increase-its-bitcoin-holdings%20its%20holdings%20in%202022.) worth of Bitcoin and would begin accepting it as payment for vehicles. Musk hailed the cryptocurrency’s potential as “a good thing” and positioned Tesla as a forward-looking company embracing decentralized finance. Within months, however, that optimism cooled. By May 2021, Musk announced Tesla would suspend Bitcoin payments, citing environmental concerns about the cryptocurrency’s proof-of-work (PoW) mining model, which consumes significant energy to secure the network. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions,” Musk said at the time. ## Tesla dumps 75% Bitcoin holdings In July 2022, Tesla quietly [dumped](https://intel.arkm.com/explorer/entity/tesla) roughly 75% of its Bitcoin holdings, worth about \$936 million, during a period of macroeconomic uncertainty and market stress. The company said the sale was made to “maximize liquidity” amid COVID-related shutdowns in China, but the decision effectively ended Tesla’s brief tenure as a major Bitcoin holder. Despite this, Musk never entirely abandoned Bitcoin. He has repeatedly described himself as a supporter of “crypto in principle”, often distinguishing between its technological merits and its environmental footprint. He’s also praised Dogecoin, calling it “the people’s crypto,” and has integrated DOGE payments into Tesla’s online store for select merchandise. As of the latest data from Arkham Intelligence, Tesla holds approximately 11,509 BTC, valued at around \$1.29 billion at current market prices. STORY\_CONTINUES [Related: Elon Musk and Tesla Still Hold Bitcoin](https://www.thestreet.com/crypto/investing/elon-musk-and-tesla-still-hold-bitcoin) This story was originally reported by [TheStreet](https://www.thestreet.com/crypto/elon-musk-has-a-sharp-response-to-ai-spending-frenzy) on Oct 14, 2025, where it first appeared in the [Technology News](https://www.thestreet.com/technology) section. 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Readable Markdown	[Elon Musk](https://www.thestreet.com/crypto/tag/elon-musk-1) has linked [Bitcoin’s](https://www.thestreet.com/crypto/tag/bitcoin) energy foundation to the world’s accelerating artificial intelligence (AI) boom, arguing that energy not fiat money is the ultimate store of value. Responding to a post by financial outlet ZeroHedge on Oct. 13, Musk agreed that the ongoing global race to dominate AI will drive massive spending and potential currency debasement. “True,” Musk [wrote](https://x.com/elonmusk/status/1977986775994843641?s=46) on X (formerly Twitter). > “That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.” ZeroHedge had earlier noted that the “money is not the problem” in the AI race, suggesting that future capital expenditure (capex) will be underwritten by governments in the U.S. and China. “If you want to know why gold, silver, and Bitcoin are soaring, it’s the debasement to fund the AI arms race,” ZeroHedge posted. “But you can’t print energy.” - [Peter Thiel-backed crypto stocks surge after market crash](https://finance.yahoo.com/news/peter-thiel-backed-crypto-stocks-181251574.html) - [UK lifts ban on crypto ETNs today](https://finance.yahoo.com/news/uk-lifts-ban-crypto-etns-153233895.html) - [Trump says ‘don’t worry about China,’ crypto markets rally](https://finance.yahoo.com/news/trump-says-don-t-worry-205131985.html) In February 2021, Tesla [announced it had purchased \$1.5 billion](https://www.thestreet.com/crypto/markets/tesla-did-not-increase-its-bitcoin-holdings%20its%20holdings%20in%202022.) worth of Bitcoin and would begin accepting it as payment for vehicles. Musk hailed the cryptocurrency’s potential as “a good thing” and positioned Tesla as a forward-looking company embracing decentralized finance. Within months, however, that optimism cooled. By May 2021, Musk announced Tesla would suspend Bitcoin payments, citing environmental concerns about the cryptocurrency’s proof-of-work (PoW) mining model, which consumes significant energy to secure the network. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions,” Musk said at the time. In July 2022, Tesla quietly [dumped](https://intel.arkm.com/explorer/entity/tesla) roughly 75% of its Bitcoin holdings, worth about \$936 million, during a period of macroeconomic uncertainty and market stress. The company said the sale was made to “maximize liquidity” amid COVID-related shutdowns in China, but the decision effectively ended Tesla’s brief tenure as a major Bitcoin holder. Despite this, Musk never entirely abandoned Bitcoin. He has repeatedly described himself as a supporter of “crypto in principle”, often distinguishing between its technological merits and its environmental footprint. He’s also praised Dogecoin, calling it “the people’s crypto,” and has integrated DOGE payments into Tesla’s online store for select merchandise. As of the latest data from Arkham Intelligence, Tesla holds approximately 11,509 BTC, valued at around \$1.29 billion at current market prices.
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