"Elon Musk's SpaceX Bitcoin Write-down Leaves Bitcoin Community Puzzled"

The revelation that SpaceX holds Bitcoin on its balance sheet in 2021 has sparked confusion, with conflicting reports about the company's BTC holdings. While some social media outlets claimed that SpaceX had sold its entire BTC holdings, others questioned the wording of the report and the actual amount sold. Elon Musk has not addressed the issue yet, but Bitcoin proponents have criticized his strategy and suggested that he may sell all of his Bitcoin and Dogecoin holdings in the next six months. Despite the uncertainty, Bitcoin proponents are urging traders to hold onto their BTC and not be swayed by market fear, uncertainty, and doubt (FUD).