Musk may sell 10% of stocks in Bitcoin and most of the heads suggest they are used to buy Bitcoin-People-Elon Musk

Tesla CEO Musk launched a “polling” to his fans on Twitter over the weekend on whether to sell 10% of his shares. As for the purpose of selling his shares, some people speculated that it was in response to the “billions of dollars” that the U.S. government might issue. “Millionaire tax”, some people speculated that he paid a huge amount of tax on his stock option income.

In any case, the survey has received a wide range of responses, from big names in Bitcoin, MicroStrategy CEO Michael Thaler and other celebrities, to Dogecoin co-founder Billy Marcus, and even ordinary investors.

As a “whale” holding more than 110,000 bitcoins, Michael Thaler once again suggested that Tesla consider converting its balance sheet into bitcoins and buying bitcoins worth $25 billion. He said that this will bring diversification, inflation protection and more benefits to all investors in a tax-saving way.

Well-known YouTuber podcaster and Dogecoin long Matt Wallace (Matt Wallace) suggested that Musk should buy Dogecoin in large quantities. He said: “Spending so much money on Dogecoin will make it a A very popular decision.”

Many people criticized Musk for doing so as a child’s play, and it is absurd to use Twitter polls to determine the fate of stocks worth more than $20 billion.

A Twitter user accused Musk of using his fame to manipulate the stock market and suggested that he use his wealth to do things that are good for society. The other asked Musk to pay the taxes he should pay, at least at an effective tax rate of 30%.

Another Twitter user seemed to think the tweet was out of superiority, adding that selling Tesla shares could cause the market to crash. But some people believe that the decline caused by Musk’s stock sale is a good thing for investors who are waiting for a better time to enter the market.