🕷️ Crawler Inspector

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Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 198 (from laksa015)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa198.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, ml_categories_json AS ml_categories_json, ml_types_json AS ml_types_json, ml_intent_types_json AS ml_intent_types_json, meta_language AS meta_language, attrs_author AS attrs_author, ifNull(toUnixTimestamp(attrs_publish_time), 0) AS attrs_publish_time, ifNull(toUnixTimestamp(attrs_original_publish_time), 0) AS attrs_original_publish_time, ifNull(attrs_is_republished, 0) AS attrs_is_republished, ifNull(attrs_nr_words, 0) AS attrs_nr_words, ifNull(attrs_boilerpipe_nr_words, 0) AS attrs_boilerpipe_nr_words, ifNull(body_ext_links_number, 0) AS body_ext_links_number, ifNull(body_int_links_number, 0) AS body_int_links_number, ifNull(meta_nofollow, 0) AS meta_nofollow, ifNull(meta_noarchive, 0) AS meta_noarchive, ifNull(props_was_rendered, 0) AS props_was_rendered, ifNull(src_redirect, \'\') AS src_redirect, ifNull(download_time_msec, 0) AS download_time_msec, ifNull(download_ttfb_msec, 0) AS download_ttfb_msec, ifNull(download_size, 0) AS download_size FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.thestreet.com/crypto/elon-musk-has-a-sharp-response-to-ai-spending-frenzy\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.thestreet.com/crypto/elon-musk-has-a-sharp-response-to-ai-spending-frenzy\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.thestreet.com\/crypto\/elon-musk-has-a-sharp-response-to-ai-spending-frenzy","crawl_time":1776839239,"first_indexed_time":1760434155,"http_code":200,"src_unparsed":"com,thestreet!www,\/crypto\/elon-musk-has-a-sharp-response-to-ai-spending-frenzy s443","src_root_hash":"16830918639483046198","history_drop_reason":null,"meta_title":"Elon Musk finally speaks on Bitcoin after Tesla’s major dump over energy concerns - TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more","meta_descriptions":["Elon Musk links Bitcoin’s energy base to the global AI arms race, warning that while governments can print money, they can’t fake energy."],"attrs_boilerpipe_text":"Elon Musk links Bitcoin’s energy base to the global AI arms race, warning that while governments can print money, they can’t fake energy.\nElon 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.”\nScroll to Continue\nRecommended Articles\nMore news\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\nTesla purchases $1.5B in Bitcoin\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.\nTesla dumps 75% Bitcoin holdings\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":"[Skip to main content](https:\/\/www.thestreet.com\/crypto\/elon-musk-has-a-sharp-response-to-ai-spending-frenzy#main-content)\n\n[![](https:\/\/www.thestreet.com\/.image\/MTk4MDE0NzI1NTM4MTk0NTkz\/mtc0mdmzndmwnzaxnde4mduw.svg)](https:\/\/www.thestreet.com\/)\n\n- [PREMIUM PRODUCTS](\"PREMIUM PRODUCTS\")\n  [TheStreet Pro](https:\/\/pro.thestreet.com\/ \"TheStreet Pro\")[Login](https:\/\/www.thestreet.com\/login?targetUrl=https%3A%2F%2Fpro.thestreet.com%2F \"Login\")\n  \n  [Subscribe 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New](https:\/\/subscriptions.thestreet.com\/thestreet-pro-new)\n\n[CATEGORIES]()\n\n[Tech](https:\/\/www.thestreet.com\/technology)[Retail](https:\/\/www.thestreet.com\/retail)[Crypto](https:\/\/www.thestreet.com\/crypto)[Finance](https:\/\/www.thestreet.com\/finance)[Markets](https:\/\/www.thestreet.com\/markets)[Investing](https:\/\/www.thestreet.com\/investing)[Economics](https:\/\/www.thestreet.com\/economics)[Entertainment](https:\/\/www.thestreet.com\/entertainment)[Personal Finance](https:\/\/www.thestreet.com\/personal-finance)[Breaking News](https:\/\/www.thestreet.com\/breaking-news)[Video](https:\/\/www.thestreet.com\/video)[TheStreet Deals](https:\/\/www.thestreet.com\/deals)[Newsletters](https:\/\/www.thestreet.com\/newsletters)[Whitepapers](https:\/\/subscriptions.thestreet.com\/whitepapers)[Retirement](https:\/\/www.thestreet.com\/retirement-daily\/)\n\n- [Home](https:\/\/www.thestreet.com\/)\n- [Crypto](https:\/\/www.thestreet.com\/crypto\/)\n- [Technology News](https:\/\/www.thestreet.com\/crypto\/technology \"Technology News\")\n\n# Elon Musk finally speaks on Bitcoin after Tesla’s major dump over energy concerns\nElon Musk links Bitcoin’s energy base to the global AI arms race, warning that while governments can print money, they can’t fake energy.\n\n- Author:\n  [Mehab Qureshi](https:\/\/www.thestreet.com\/crypto\/author\/mehab-qureshi)\n- Updated:\n  Oct 14, 2025 7:22 AM EDT\n  Original:\n  Oct 14, 2025\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\nScroll to Continue\n\n## Recommended Articles\n[![Image placeholder title](https:\/\/www.thestreet.com\/.image\/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620\/MjIyODQyMjg4MTE0NTA5Njg2\/image-placeholder-title.jpg)](https:\/\/www.thestreet.com\/crypto\/newsroom\/rebuilding-honest-money-through-community \"From Speculation to Substance: Rebuilding Honest Money Through Community\")\n\n[From Speculation to Substance: Rebuilding Honest Money Through Community](https:\/\/www.thestreet.com\/crypto\/newsroom\/rebuilding-honest-money-through-community)\n\n[By Financial Tech Times](https:\/\/www.thestreet.com\/crypto\/author\/financial-tech-times)\n\n[![Image placeholder title](https:\/\/www.thestreet.com\/.image\/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620\/MjIyODM3NDU2Mjc2MzAxNjg2\/image-placeholder-title.jpg)](https:\/\/www.thestreet.com\/crypto\/newsroom\/bitcoin-mining-is-entering-its-most-competitive-era \"Bitcoin Mining Is Entering Its Most Competitive Era Yet, and It’s Becoming a Game of Coordination\")\n\n[Bitcoin Mining Is Entering Its Most Competitive Era Yet, and It’s Becoming a Game of Coordination](https:\/\/www.thestreet.com\/crypto\/newsroom\/bitcoin-mining-is-entering-its-most-competitive-era)\n\n[By Financial Tech Times](https:\/\/www.thestreet.com\/crypto\/author\/financial-tech-times)\n\n[![A Wall Street street sign near the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. ](https:\/\/www.thestreet.com\/.image\/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620\/MjIyODI3ODU3NTYxMjY1NjAx\/wall-street.jpg)![Play](https:\/\/www.thestreet.com\/assets-global\/play-button-blk.svg?v=2026-04-20-153552-43025f0-001362)](https:\/\/www.thestreet.com\/crypto\/markets\/64-year-old-investment-bank-says-wall-street-is-losing-crypto-confidence \"64-year-old investment bank says Wall Street is losing crypto confidence\")\n\n[64-year-old investment bank says Wall Street is losing crypto confidence](https:\/\/www.thestreet.com\/crypto\/markets\/64-year-old-investment-bank-says-wall-street-is-losing-crypto-confidence)\n\n[By Pooja Rajkumari](https:\/\/www.thestreet.com\/crypto\/author\/pooja-rajkumari)\n### More news\n- **[Peter Thiel-backed crypto stocks surge after market crash](https:\/\/www.thestreet.com\/crypto\/stock\/peter-thiel-crypto-stocks)**\n- [**UK lifts ban on crypto ETNs today**](https:\/\/www.thestreet.com\/crypto\/policy\/uk-to-lift-ban-on-crypto-etns-today)\n- [**Trump says ‘don’t worry about China,’ crypto markets rally**](https:\/\/www.thestreet.com\/crypto\/markets\/trump-says-dont-worry-about-china)\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\n[![Ethereum](https:\/\/www.thestreet.com\/.image\/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_640\/MTk4NTA5NTkxMTM5OTE5Nzgz\/ethereum.jpg)](https:\/\/www.thestreet.com\/crypto\/investing\/elon-musk-and-tesla-still-hold-bitcoin)\n\n[Elon Musk and Tesla Still Hold Bitcoin](https:\/\/www.thestreet.com\/crypto\/investing\/elon-musk-and-tesla-still-hold-bitcoin)\n\n[Read More](https:\/\/www.thestreet.com\/crypto\/investing\/elon-musk-and-tesla-still-hold-bitcoin)\n\n[![Ethereum](https:\/\/www.thestreet.com\/.image\/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_640\/MTk4NTA5NTkxMTM5OTE5Nzgz\/ethereum.jpg)](https:\/\/www.thestreet.com\/crypto\/investing\/elon-musk-and-tesla-still-hold-bitcoin)\n\n[Elon Musk and Tesla Still Hold Bitcoin](https:\/\/www.thestreet.com\/crypto\/investing\/elon-musk-and-tesla-still-hold-bitcoin)\n\n[Read More](https:\/\/www.thestreet.com\/crypto\/investing\/elon-musk-and-tesla-still-hold-bitcoin)\n\nTags\n\nterms:\n\n[AI](https:\/\/www.thestreet.com\/crypto\/tag\/ai)[Bitcoin](https:\/\/www.thestreet.com\/crypto\/tag\/bitcoin-1)\n\n[![Mehab Qureshi](https:\/\/www.thestreet.com\/.image\/c_fill%2Ccs_srgb%2Cg_face%2Ch_60%2Cq_auto:good%2Cw_60\/MjExMTM1MTA3MzI5Njk3MzI3\/1699500988401-1.jpg)](https:\/\/www.thestreet.com\/crypto\/author\/mehab-qureshi \"Mehab Qureshi\")\n\nBy\n\n[Mehab Qureshi](https:\/\/www.thestreet.com\/crypto\/author\/mehab-qureshi)\n\nMehab Qureshi is a Senior Editor at TheStreet, bringing nearly a decade of experience covering the crypto industry. At TheStreet, he leads coverage on regulation, tokenization, and Wall Street’s adoption of crypto. Please reach out to him on mehab@thestreet.com\n\n[Follow mehabspeaks](https:\/\/twitter.com\/mehabspeaks)\n\n##\n[![Image placeholder title](https:\/\/www.thestreet.com\/.image\/ar_8:10%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620\/MjIyODQyMjg4MTE0NTA5Njg2\/image-placeholder-title.jpg)](https:\/\/www.thestreet.com\/crypto\/newsroom\/rebuilding-honest-money-through-community \"From Speculation to Substance: Rebuilding Honest Money Through Community\")\n\n[Newsroom](https:\/\/www.thestreet.com\/crypto\/newsroom)\n\n[From Speculation to Substance: Rebuilding Honest Money Through Community](https:\/\/www.thestreet.com\/crypto\/newsroom\/rebuilding-honest-money-through-community)\n\n[By Financial Tech Times](https:\/\/www.thestreet.com\/crypto\/author\/financial-tech-times)\n\n[![Image placeholder title](https:\/\/www.thestreet.com\/.image\/ar_8:10%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620\/MjIyODM3NDU2Mjc2MzAxNjg2\/image-placeholder-title.jpg)](https:\/\/www.thestreet.com\/crypto\/newsroom\/bitcoin-mining-is-entering-its-most-competitive-era \"Bitcoin Mining Is Entering Its Most Competitive Era Yet, and It’s Becoming a Game of Coordination\")\n\n[Newsroom](https:\/\/www.thestreet.com\/crypto\/newsroom)\n\n[Bitcoin Mining Is Entering Its Most Competitive Era Yet, and It’s Becoming a Game of Coordination](https:\/\/www.thestreet.com\/crypto\/newsroom\/bitcoin-mining-is-entering-its-most-competitive-era)\n\n[By Financial Tech Times](https:\/\/www.thestreet.com\/crypto\/author\/financial-tech-times)\n\n[![A Wall Street street sign near the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. ](https:\/\/www.thestreet.com\/.image\/ar_8:10%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620\/MjIyODI3ODU3NTYxMjY1NjAx\/wall-street.jpg)](https:\/\/www.thestreet.com\/crypto\/markets\/64-year-old-investment-bank-says-wall-street-is-losing-crypto-confidence \"64-year-old investment bank says Wall Street is losing crypto confidence\")\n\n[MARKETS](https:\/\/www.thestreet.com\/crypto\/markets)\n\n[64-year-old investment bank says Wall Street is losing crypto confidence](https:\/\/www.thestreet.com\/crypto\/markets\/64-year-old-investment-bank-says-wall-street-is-losing-crypto-confidence)\n\n[By Pooja Rajkumari](https:\/\/www.thestreet.com\/crypto\/author\/pooja-rajkumari)\n\n[![US President Donald Trump looks on during a press conference about the conflict in Iran in the James S. Brady Press Briefing Room of the White House on April 6, 2026, in Washington, DC. (Photo by SAUL LOEB \/ AFP via Getty Images)](https:\/\/www.thestreet.com\/.image\/ar_8:10%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620\/MjIyNTA4NjU4ODEzMDUyNzkw\/donald-trump.jpg)](https:\/\/www.thestreet.com\/crypto\/markets\/oil-bitcoin-markets-react-as-trump-extends-iran-ceasefire \"Trump extends Iran ceasefire as peace talks stall\")\n\n[MARKETS](https:\/\/www.thestreet.com\/crypto\/markets)\n\n[Trump extends Iran ceasefire as peace talks stall](https:\/\/www.thestreet.com\/crypto\/markets\/oil-bitcoin-markets-react-as-trump-extends-iran-ceasefire)\n\n[By Arjun Parashar](https:\/\/www.thestreet.com\/crypto\/author\/arjun-parashar)\n\n[![jack Dorsey](https:\/\/www.thestreet.com\/.image\/ar_8:10%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620\/MjE4NTEyMTg2OTEyMjg2NTU2\/jack-dorsey.jpg)](https:\/\/www.thestreet.com\/crypto\/markets\/jack-dorseys-app-launches-interest-bearing-accounts-for-kids \"Jack Dorsey’s app launches interest-bearing accounts for kids\")\n\n[MARKETS](https:\/\/www.thestreet.com\/crypto\/markets)\n\n[Jack Dorsey’s app launches interest-bearing accounts for kids](https:\/\/www.thestreet.com\/crypto\/markets\/jack-dorseys-app-launches-interest-bearing-accounts-for-kids)\n\n[By Anand Sinha](https:\/\/www.thestreet.com\/crypto\/author\/anand-sinha)\n\nLoading…\n\nSee More\n\n[![Bitcoin Magazine](https:\/\/www.thestreet.com\/.image\/c_fit%2Ccs_srgb%2Cq_auto:good%2Cw_700\/MTc3NTYzNDU2MjY4OTM2ODA4\/mtczmtmymzi4mdqwnjcwndq0.svg)](https:\/\/www.thestreet.com\/)\n\n**For advertising please contact sales@roundtable.io**\n\n© 2026\n\n- [Site Map](https:\/\/www.thestreet.com\/sitemap)\n- [Privacy Policy](https:\/\/thearenagroup.net\/privacy-policy\/)\n- [Terms of Use](https:\/\/thearenagroup.net\/terms-of-use\/)\n- [About Roundtable](https:\/\/roundtable.io\/page\/about)\n- [Crypto Jobslist](https:\/\/cryptojobslist.com\/companies\/thestreet-roundtable)\n- [Do Not Sell My Information \/ Privacy Settings]()\n\nCLOSE\n\nCLOSE\n\nCLOSE\n\nCLOSE","attrs_readable_markdown":"Elon Musk links Bitcoin’s energy base to the global AI arms race, warning that while governments can print money, they can’t fake energy.\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\nScroll to Continue\n\nRecommended Articles\n### More news\n- **[Peter Thiel-backed crypto stocks surge after market crash](https:\/\/www.thestreet.com\/crypto\/stock\/peter-thiel-crypto-stocks)**\n- [**UK lifts ban on crypto ETNs today**](https:\/\/www.thestreet.com\/crypto\/policy\/uk-to-lift-ban-on-crypto-etns-today)\n- [**Trump says ‘don’t worry about China,’ crypto markets rally**](https:\/\/www.thestreet.com\/crypto\/markets\/trump-says-dont-worry-about-china)\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.","meta_canonical":null,"ml_categories_json":"{\"\/Finance\":962,\"\/Finance\/Investing\":951,\"\/Finance\/Investing\/Commodities_and_Futures_Trading\":588,\"\/Science\":268,\"\/Science\/Computer_Science\":119,\"\/News\":113}","ml_types_json":"{\"\/Article\":995,\"\/Article\/News_Update\":978}","ml_intent_types_json":"{\"Informational\":999}","meta_language":"en","attrs_author":"Mehab Qureshi","attrs_publish_time":1760434126,"attrs_original_publish_time":1760434126,"attrs_is_republished":0,"attrs_nr_words":"846","attrs_boilerpipe_nr_words":"435","body_ext_links_number":14,"body_int_links_number":57,"meta_nofollow":0,"meta_noarchive":0,"props_was_rendered":0,"src_redirect":"","download_time_msec":289,"download_ttfb_msec":287,"download_size":65204}

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Elon Musk finally speaks on Bitcoin after Tesla’s major dump over energy concerns - TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more

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Elon Musk links Bitcoin’s energy base to the global AI arms race, warning that while governments can print money, they can’t fake energy.

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Elon Musk links Bitcoin’s energy base to the global AI arms race, warning that while governments can print money, they can’t fake energy. 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.” Scroll to Continue Recommended Articles More news 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 Tesla purchases $1.5B in Bitcoin 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. Tesla dumps 75% Bitcoin holdings 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.

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[Skip to main content](https://www.thestreet.com/crypto/elon-musk-has-a-sharp-response-to-ai-spending-frenzy#main-content) [![](https://www.thestreet.com/.image/MTk4MDE0NzI1NTM4MTk0NTkz/mtc0mdmzndmwnzaxnde4mduw.svg)](https://www.thestreet.com/) - [PREMIUM PRODUCTS]("PREMIUM PRODUCTS") [TheStreet Pro](https://pro.thestreet.com/ "TheStreet Pro")[Login](https://www.thestreet.com/login?targetUrl=https%3A%2F%2Fpro.thestreet.com%2F "Login") [Subscribe TSTPro](https://subscriptions.thestreet.com/get-thestreet-pro "Subscribe TSTPro") [Crypto Investor](https://www.thestreet.com/crypto/ "Crypto Investor")[Portfolio (AAP)](https://pro.thestreet.com/portfolio "Portfolio (AAP)")[Latest (All Real Money Pro Authors)](https://pro.thestreet.com/authors "Latest (All Real Money Pro Authors)")[Top Stocks](https://topstocks.thestreet.com/ "Top Stocks")[Doug's Daily Diary](https://pro.thestreet.com/dougs-daily-diary "Doug's Daily Diary")[Pro Column: Top Stocks](https://pro.thestreet.com/tag/top-stocks "Pro Column: Top Stocks")[Pro Column: Stocks Under \$10](https://pro.thestreet.com/tag/stocks-under-10 "Pro Column: Stocks Under $10")[What's New](https://subscriptions.thestreet.com/thestreet-pro-new "What's New") - 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[Home](https://www.thestreet.com/) - [Crypto](https://www.thestreet.com/crypto/) - [Technology News](https://www.thestreet.com/crypto/technology "Technology News") # Elon Musk finally speaks on Bitcoin after Tesla’s major dump over energy concerns Elon Musk links Bitcoin’s energy base to the global AI arms race, warning that while governments can print money, they can’t fake energy. - Author: [Mehab Qureshi](https://www.thestreet.com/crypto/author/mehab-qureshi) - Updated: Oct 14, 2025 7:22 AM EDT Original: Oct 14, 2025 [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.” Scroll to Continue ## Recommended Articles [![Image placeholder title](https://www.thestreet.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MjIyODQyMjg4MTE0NTA5Njg2/image-placeholder-title.jpg)](https://www.thestreet.com/crypto/newsroom/rebuilding-honest-money-through-community "From Speculation to Substance: Rebuilding Honest Money Through Community") [From Speculation to Substance: Rebuilding Honest Money Through Community](https://www.thestreet.com/crypto/newsroom/rebuilding-honest-money-through-community) [By Financial Tech Times](https://www.thestreet.com/crypto/author/financial-tech-times) [![Image placeholder title](https://www.thestreet.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MjIyODM3NDU2Mjc2MzAxNjg2/image-placeholder-title.jpg)](https://www.thestreet.com/crypto/newsroom/bitcoin-mining-is-entering-its-most-competitive-era "Bitcoin Mining Is Entering Its Most Competitive Era Yet, and It’s Becoming a Game of Coordination") [Bitcoin Mining Is Entering Its Most Competitive Era Yet, and It’s Becoming a Game of Coordination](https://www.thestreet.com/crypto/newsroom/bitcoin-mining-is-entering-its-most-competitive-era) [By Financial Tech Times](https://www.thestreet.com/crypto/author/financial-tech-times) [![A Wall Street street sign near the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. ](https://www.thestreet.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MjIyODI3ODU3NTYxMjY1NjAx/wall-street.jpg)![Play](https://www.thestreet.com/assets-global/play-button-blk.svg?v=2026-04-20-153552-43025f0-001362)](https://www.thestreet.com/crypto/markets/64-year-old-investment-bank-says-wall-street-is-losing-crypto-confidence "64-year-old investment bank says Wall Street is losing crypto confidence") [64-year-old investment bank says Wall Street is losing crypto confidence](https://www.thestreet.com/crypto/markets/64-year-old-investment-bank-says-wall-street-is-losing-crypto-confidence) [By Pooja Rajkumari](https://www.thestreet.com/crypto/author/pooja-rajkumari) ### More news - **[Peter Thiel-backed crypto stocks surge after market crash](https://www.thestreet.com/crypto/stock/peter-thiel-crypto-stocks)** - [**UK lifts ban on crypto ETNs today**](https://www.thestreet.com/crypto/policy/uk-to-lift-ban-on-crypto-etns-today) - [**Trump says ‘don’t worry about China,’ crypto markets rally**](https://www.thestreet.com/crypto/markets/trump-says-dont-worry-about-china) ## 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. [![Ethereum](https://www.thestreet.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_640/MTk4NTA5NTkxMTM5OTE5Nzgz/ethereum.jpg)](https://www.thestreet.com/crypto/investing/elon-musk-and-tesla-still-hold-bitcoin) [Elon Musk and Tesla Still Hold Bitcoin](https://www.thestreet.com/crypto/investing/elon-musk-and-tesla-still-hold-bitcoin) [Read More](https://www.thestreet.com/crypto/investing/elon-musk-and-tesla-still-hold-bitcoin) [![Ethereum](https://www.thestreet.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_640/MTk4NTA5NTkxMTM5OTE5Nzgz/ethereum.jpg)](https://www.thestreet.com/crypto/investing/elon-musk-and-tesla-still-hold-bitcoin) [Elon Musk and Tesla Still Hold Bitcoin](https://www.thestreet.com/crypto/investing/elon-musk-and-tesla-still-hold-bitcoin) [Read More](https://www.thestreet.com/crypto/investing/elon-musk-and-tesla-still-hold-bitcoin) Tags terms: [AI](https://www.thestreet.com/crypto/tag/ai)[Bitcoin](https://www.thestreet.com/crypto/tag/bitcoin-1) [![Mehab Qureshi](https://www.thestreet.com/.image/c_fill%2Ccs_srgb%2Cg_face%2Ch_60%2Cq_auto:good%2Cw_60/MjExMTM1MTA3MzI5Njk3MzI3/1699500988401-1.jpg)](https://www.thestreet.com/crypto/author/mehab-qureshi "Mehab Qureshi") By [Mehab Qureshi](https://www.thestreet.com/crypto/author/mehab-qureshi) Mehab Qureshi is a Senior Editor at TheStreet, bringing nearly a decade of experience covering the crypto industry. At TheStreet, he leads coverage on regulation, tokenization, and Wall Street’s adoption of crypto. Please reach out to him on mehab@thestreet.com [Follow mehabspeaks](https://twitter.com/mehabspeaks) ## [![Image placeholder title](https://www.thestreet.com/.image/ar_8:10%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MjIyODQyMjg4MTE0NTA5Njg2/image-placeholder-title.jpg)](https://www.thestreet.com/crypto/newsroom/rebuilding-honest-money-through-community "From Speculation to Substance: Rebuilding Honest Money Through Community") [Newsroom](https://www.thestreet.com/crypto/newsroom) [From Speculation to Substance: Rebuilding Honest Money Through Community](https://www.thestreet.com/crypto/newsroom/rebuilding-honest-money-through-community) [By Financial Tech Times](https://www.thestreet.com/crypto/author/financial-tech-times) [![Image placeholder title](https://www.thestreet.com/.image/ar_8:10%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MjIyODM3NDU2Mjc2MzAxNjg2/image-placeholder-title.jpg)](https://www.thestreet.com/crypto/newsroom/bitcoin-mining-is-entering-its-most-competitive-era "Bitcoin Mining Is Entering Its Most Competitive Era Yet, and It’s Becoming a Game of Coordination") [Newsroom](https://www.thestreet.com/crypto/newsroom) [Bitcoin Mining Is Entering Its Most Competitive Era Yet, and It’s Becoming a Game of Coordination](https://www.thestreet.com/crypto/newsroom/bitcoin-mining-is-entering-its-most-competitive-era) [By Financial Tech Times](https://www.thestreet.com/crypto/author/financial-tech-times) [![A Wall Street street sign near the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. ](https://www.thestreet.com/.image/ar_8:10%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MjIyODI3ODU3NTYxMjY1NjAx/wall-street.jpg)](https://www.thestreet.com/crypto/markets/64-year-old-investment-bank-says-wall-street-is-losing-crypto-confidence "64-year-old investment bank says Wall Street is losing crypto confidence") [MARKETS](https://www.thestreet.com/crypto/markets) [64-year-old investment bank says Wall Street is losing crypto confidence](https://www.thestreet.com/crypto/markets/64-year-old-investment-bank-says-wall-street-is-losing-crypto-confidence) [By Pooja Rajkumari](https://www.thestreet.com/crypto/author/pooja-rajkumari) [![US President Donald Trump looks on during a press conference about the conflict in Iran in the James S. 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Readable Markdown

Elon Musk links Bitcoin’s energy base to the global AI arms race, warning that while governments can print money, they can’t fake energy. [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.” Scroll to Continue Recommended Articles ### More news - **[Peter Thiel-backed crypto stocks surge after market crash](https://www.thestreet.com/crypto/stock/peter-thiel-crypto-stocks)** - [**UK lifts ban on crypto ETNs today**](https://www.thestreet.com/crypto/policy/uk-to-lift-ban-on-crypto-etns-today) - [**Trump says ‘don’t worry about China,’ crypto markets rally**](https://www.thestreet.com/crypto/markets/trump-says-dont-worry-about-china) ## 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.

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Mehab Qureshi

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2025-10-14 09:28:46 (6 months ago)

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