Elon Musk spoke again about Bitcoin.

Tesla CEO Elon Musk commented on Bitcoin again after a long hiatus, stating, "Bitcoin relies on energy; you can't replicate energy." This statement may signal Musk's return to the crypto world after remaining silent for an extended period.

When he purchased $1.5 billion worth of Bitcoin through Tesla in 2021, Elon Musk made a significant impact in the cryptocurrency world, drawing attention by suggesting vehicle sales in Bitcoin. However, due to concerns about energy consumption and environmental effects, he quickly reversed this decision. In 2022, Tesla sold 75% of its Bitcoin holdings, largely withdrawing from the market.

Musk had been silent on cryptocurrencies for the past few years. However, this week he broke his silence by responding to a post from ZeroHedge regarding the record highs of gold, silver, and Bitcoin prices. The post from ZeroHedge stated, “Gold, silver, and Bitcoin are rising in response to the monetary expansion aimed at financing the AI race. But energy cannot be printed.”

Musk replied to this post, "True. Bitcoin relies on energy; you can print fake money, but you can't replicate energy." With this response, he re-expressed his interest in Bitcoin. This situation has increased speculation among investors about whether Musk is showing renewed interest in Bitcoin. Previously, Musk's indifference to questions from Cathie Wood regarding Bitcoin and the Trump administration's distant approach to crypto plans reinforced the perception that he had completely distanced himself from the crypto world.

However, his recent post seems to be drawing attention to Bitcoin again. As the crypto community echoes questions like “Is Musk making a comeback?”, Bitcoin continues to trade around $112,000. This development, significant for investors, may create new opportunities for those closely following Bitcoin and the cryptocurrency market.