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Samson Mow: Elon Musk to borrow BTC from Strategy for moon base project

Samson Mow: Elon Musk to borrow BTC from Strategy for moon base project
Elon Musk borrows BTC for moon base

Samson Mow, chief executive officer at JAN3, joked that Elon Musk will be borrowing BTC from Strategy and paying 8% interest, with both the principal and interest settled in BTC. Mow added that these funds would be used to finance ambitious ventures, including a Dyson Swarm and a moon base.

Mow has previously commented on significant Bitcoin market moves. He observed that after Strategy announced plans to sell some Bitcoin, prices for the cryptocurrency moved higher, according to a recent article. In another note, Mow highlighted the potential for Bitcoin to become essential in future economic systems as it merges with AI, referencing growing intersections between the two technologies.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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