just in| Bitcoin rises to $32,431, Musk says Telsa watching currency Temitayo Jaiyeola

Tesla Chief Executive Officer, Elon Musk, has said he personally owns bitcoin, ethereum, and dogecoin. He said that he would like to see bitcoin succeed.

He said this during a bitcoin event, ‘B Word’, which also featured Square and Twitter CEO Jack Dorsey, and Ark Invest CEO, Cathie Wood.

The digital currency whose fortune had dwindled recently rose above $32,000 on Thursday.

Musk said that he personally owned bitcoin, ethereum, and dogecoin. He also revealed that his companies, Spacex and Tesla also own bitcoins.

He added that bitcoin’s energy usage was shifting a lot more toward renewables, and his company, Tesla, would likely resume accepting the cryptocurrency soon.

He said, “In general, I am a supporter of bitcoin. The bitcoin I own is worth a lot more than ethereum or doge. If the price of bitcoin goes down, I lose money. I might pump but I don’t dump. I would like to see bitcoin succeed.”

Musk affirmed that the suspension of bitcoin as a payment option for Tesla’s cars was temporary. He said, “We are not selling any bitcoin, nor am I selling it personally, nor is Spacex selling any bitcoin.