After Tesla founder Elon Musk pledged on social media today not to dump Bitcoin BTC -0.21% (BTC), Ethereum ETH 0.44% (ETH) and Dogecoin DOGE -0.49% (DOGE), the price of DOGE briefly surged 9%, but then appeared Pulling back, the latest data shows the current price at $0.115159.
So far, Musk has never disclosed the specific amount and value of his cryptocurrency holdings, but Tesla purchased $1.5 billion worth of bitcoin in early 2021, according to Tesla’s latest quarterly earnings report. Some bitcoins are worth more than $2 billion.
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