Elon Musk`s joking tweet about his intention to buy Manchester United football team elicited a response from
prominent Bitcoin evangelist Michael Saylor, who earlier announced his resignation as CEO of MicroStrategy.
Tesla's Bitcoin buying and selling experience Musk announced in February 2021 that Tesla had purchased $1. 5 billion
in the flagship digital currency and had begun accepting BTC as payment for its e-cars.
Still, Tesla kept all of that Bitcoin until recently, when it sold 75 percent of it in the second quarter of 2022, leaving only $218 million in BTC on its balance sheet.
The Bitcoin was sold for around $29,000 per unit, while the company purchased it for $31,620.