Musk, who earlier advocated for cryptocurrencies, has confirmed that the political party would embrace Bitcoin as "fiat is hopeless," as he claimed. Notably, Tesla holds 11,509 BTC worth more than $1.25 billion on its balance sheet, making it the eighth-largest public Bitcoin corporate treasury.

Discover why BTC Bull Token looks set to be the main beneficiary of billionaire Elon Musk's endorsement of Bitcoin.

Bitcoin surges near $110K as Elon Musk declares support through his America Party, intensifying crypto market momentum and spotlighting digital assets.

Elon Musk has announced he’s starting his own political party called the “America Party," while dropping hints he’s still backing

Elon Musk quietly stacking Bitcoin has sparked massive buzz across the crypto world after he liked a tweet suggesting hes secretly buying BTC. With Bitcoin now trading at $107,750.71, up nearly 85% since July 2024,