Overview

• Musk wrote that Bitcoin is based on energy and that it is impossible to fake energy, contrasting it with what he called fake fiat currency.
• The comment directly answered a ZeroHedge post that linked gains in gold, silver, and Bitcoin to currency debasement to fund an AI arms race.
• Coverage cast the post as a renewed public interest in Bitcoin from Musk after years of relative quiet and earlier criticism of mining’s electricity use.
• Tesla is reported to hold about 11,509 BTC, valued near $1.3 billion, according to on‑chain data cited from Arkham Intelligence.
• Reports emphasized Bitcoin’s proof‑of‑work design tying issuance to real electricity and noted an ongoing miner shift toward hydro, solar, and wind power.