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I noticed that many people are curious about which cryptocurrencies Elon Musk actually holds. The question is logical, considering his influence on the market and the memes he constantly creates with his tweets. Let’s take a closer look at his portfolio.
Let’s start with the obvious. Bitcoin is the first thing that comes to mind. Back in 2021, Tesla, under his leadership, announced the purchase of BTC worth 1.5 billion dollars. Although the company later got rid of most of its position, Musk has repeatedly confirmed that he personally holds Bitcoin. That makes sense—for him, it’s more like digital gold, a store of value, not a speculative asset. By the way, BTC is currently trading at around 80.7K, with a market share of about 57%. Serious figures.
Second in his portfolio is Ethereum. He talked about it as far back as the 2021 The Word conference. ETH interests him because it’s the foundation for the entire DeFi, NFT, and Smart-контрактов ecosystem. Musk sees it not just as the second-largest cryptocurrency by market capitalization, but as a complete tool for innovation. The current price of ETH is about 2.28K, with a market share of roughly 10%. A solid asset.
As for Dogecoin, the story is completely different. It’s his favorite cryptocurrency, and he doesn’t hide it. For Musk, DOGE isn’t just a meme—it’s a people’s cryptocurrency with low fees and a live community. He promoted its use in Tesla and SpaceX, and that had a serious impact on the price. DOGE is currently trading at around 0.11 with a capitalization of 16.87 billion. Not as big as BTC or ETH, but not bad for a meme.
There are also rumors that Musk may hold other coins. For example, Shiba Inu or Floki Inu, named after his dog. But he denies this. Even though his tweets about dog coins really do create waves in the market—that’s a fact.
Overall, Musk’s portfolio reflects his view of the crypto space: Bitcoin as a store of value, Ethereum as the technological foundation, and Dogecoin as a people’s asset. It’s interesting to see how one person’s influence can move entire markets. If you’re also interested in these assets, you can check their current prices and performance right on Gate—there’s always up-to-date information on cryptocurrencies there.