Cryptocurrency Enthusiasts Encourage Elon Musk to Employ Bitcoin as a Countermeasure Against Trump's Policies
Elon Musk fans are urging the Tesla CEO to double down on Bitcoin as a way to take a stand against US President Donald Trump in their ongoing public spat. While Tesla did accept Bitcoin payments in 2021, it stopped due to environmental concerns.However, Tesla still owns some digital currency, although its value dropped from $1.076 billion to $951 million in the first quarter of this year.
Bitcoin enthusiasts believe Musk's big investment in Bitcoin could be a strong move against Trump. As Mow stated, Bitcoin could potentially "force a hard money standard on the money printers" and Musk should act "before they freeze your fiat assets."
On June 6, 2025, a crypto trader named Will Clemente suggested on X that Musk could fight back by fully supporting Bitcoin. Similarly, Samson Mow, CEO of JAN3, also highlighted the same on X, pushing Musk to resume Bitcoin payments and hoard a significant amount of it as part of Tesla's financial strategy.
Three months after Trump's Strategic Bitcoin Reserve executive order, the US has not increased its Bitcoin purchases, putting it at risk of falling behind other nations.
If Musk, with his bold moves, went "BTC maxi," the impact could be monumental. According to Boyd Cohen, CEO of Lomob, Musk could accumulate the largest Bitcoin treasury, accept it across his businesses, and join global leaders in advocating it as a path to freedom.
The feud between Musk and Trump escalated after Musk, a former adviser to Trump, resigned and on June 3 called a tax bill a "disgusting abomination." On June 5, both exchanged jabs online, with Musk warning Trump's tariff plan could lead to a recession in late 2025, and Trump threatening to slash Musk's government subsidies and contracts to save billions. Meanwhile, Musk announced on June 2 that X is launching "Bitcoin-style encryption" for its new XChats feature.
Regarding Musk's investment in Bitcoin, it's essential to note that there is no credible evidence that he's planning a heavy investment in Bitcoin specifically as a response to Trump. While Musk has continued to show interest in cryptocurrencies, there's no proof he's using Bitcoin investments as a means to retaliate against the President.
Though Tesla continues to hold Bitcoin and has expressed a bullish stance, this interest predates the recent political feud between Musk and Trump. Furthermore, Musk has not publicly tied his cryptocurrency ventures to Trump or any political dispute.
For more updates on this ongoing drama, check out our article: "Elon Musk and Trump Clash on Big Beautiful Bill: Is Bitcoin the Winner?"
With the escalating feud between Elon Musk and Donald Trump, some Bitcoin enthusiasts suggest Musk use his influence to invest heavily in the digital currency, as it could be a strong countermove against Trump. Bitcoin, as a technology, could potentially "force a hard money standard on the money printers," according to Samson Mow, and Musk could leverage this to foster global acceptance of the digital currency. Despite reports, Musk's alleged large-scale Bitcoin investment remains unconfirmed, yet his demonstrated interest in technology like Bitcoin continues to be of interest.
