Elon Musk Once Warned Against ‘Betting the Farm’ On Crypto, But Ended Up Acquiring Some Coins ‘Out Of Curiosity’ Anyway

Tech mogul Elon Musk may be supportive of cryptocurrencies, but he has frequently cautioned against investing heavily in the asset class. One such instance happened back in October 2021.

What happened: Musk was questioned on Twitter, now X, if he owns any Shiba Inu (CRYPTO: SHIB) meme coin. He flatly denied it.

This was when the dog-themed cryptocurrency was on a parabolic run, and would go on to reach its all-time high a few days later.

Full story available on Benzinga.com