Elon Musk inquired on Twitter about 'large' bitcoin transactions after a crypto booster suggested he convert Tesla's balance sheet

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and Exhibition March 9, 2020 in Washington, DC. Win McNamee/Getty ImagesElon Musk tweeted a racy photo on Sunday suggesting he's being tempted by bitcoin. The elicited a response from crypto booster Michael Saylor, who suggested Musk convert Tesla's balance sheet from US dollars to bitcoin.  "Are such large transactions even possible?" the Tesla CEO asked in a follow-up inquiry. Saylor said they are. The exchange followed a week of new records for bitcoin. The cryptocurrency crossed $20,000 for the first time ever last Wednesday, and briefly soared over $24,000 on Saturday. Musk also tweeted about Dogecoin, a parody cryptocurrency that jumped 20% following his musings. Visit Business Insider's homepage for more stories. Elon Musk inquired about "large" bitcoin transactions during a Sunday Twitter exchange with cryptocurrency booster Michael Saylor, the founder and CEO of MicroStrategy. The back-and-forth kicked off when the Tesla CEO tweeted a racy meme suggesting he's "trying to live a normal productive life," but is being tempted by the coin, which has gained more than 220% year-to-date.  Saylor responded by suggesting Musk should do his shareholders To keep reading about Elon Musk inquired on Twitter about 'large' bitcoin transactions after a crypto booster suggested he convert Tesla's balance sheet, Click on the link. Seoul, Korea
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