In his latest tweet, Tesla CEO Elon Musk has confirmed that the e-car manufacturer hasn't sold any Bitcoin as of today.
As reported by U.Today, Musk posted an ambiguous one-word reply on Sunday that many believed could indicate that Tesla had cashed out its holdings (or intended to do so).
The billionaire has soured on Bitcoin after a bitter spat with the community, recently criticizing it as centralized and predicting that meme cryptocurrency Dogecoin could win against it.
Alex DovbnyaTesla stopped accepting Bitcoin for vehicle purchases last week but claimed that it would keep the top cryptocurrency on its balance sheet.
Bitcoin has instantly trimmed some of its recent losses, spiking over 6 percent in mere minutes on Musk's tweet. The flagship coin is currently trading above $45,000.
Earlier today, the cryptocurrency plunged to its lowest level since Feb. 8.
Yuri Molchan
Tomiwabold Olajide
Dan Burgin