Tesla CEO Encouraged To Embrace Bitcoin Treasury Strategy After Trump Dispute
The Bitcoin community is calling on Tesla CEO Elon Musk to stack Bitcoin as a strategic response to his ongoing public feud with US President Donald Trump. According to Cointelegraph, crypto trader and analyst Will Clemente suggested that "the best way for Elon to get back at Trump is by full porting Bitcoin" in a June 6 social media post. JAN3 founder and CEO Samson Mow echoed this sentiment, urging Musk to "go all in on Bitcoin" and adopt a comprehensive Bitcoin treasury strategy.
The proposals come as tensions between Musk and Trump reached new heights this week. Reuters reports that Trump threatened to cut government contracts with Musk's companies after the tech billionaire criticized the president's tax bill as a "disgusting abomination." Musk fired back by claiming Trump would have lost the election without his support.
Corporate Bitcoin Adoption Reaches New Peaks
The calls for Musk to embrace Bitcoin come amid accelerating corporate adoption of cryptocurrency treasury strategies. Standard Chartered research shows that 61 publicly listed companies now hold a combined 3.2% of all Bitcoin that will ever exist. This represents a significant shift in how corporations view digital assets as treasury reserves.
Tesla currently maintains 11,509 Bitcoin worth over $1.25 billion, according to CoinDesk data from January 2025. The electric vehicle maker recorded a $600 million gain from its Bitcoin holdings in Q4 2024 under new accounting rules that allow companies to mark digital assets to market value. Tesla originally purchased $1.5 billion worth of Bitcoin in 2021 but sold approximately 75% of its holdings in 2022.
Leading the corporate Bitcoin movement, MicroStrategy continues to dominate with over 580,000 BTC, while companies like Marathon Digital Holdings and Metaplanet have followed similar strategies. PYMNTS analysis indicates that corporate treasuries increasingly view Bitcoin as a hedge against inflation and currency debasement.
Strategic Bitcoin Reserve Sets Government Precedent
The corporate Bitcoin trend gains additional legitimacy from government adoption. President Trump signed an executive order in March 2025 establishing a Strategic Bitcoin Reserve, according to White House documentation. The reserve will be capitalized with Bitcoin seized through criminal and civil asset forfeiture proceedings, with the US government currently holding an estimated 207,000 Bitcoin worth approximately $17 billion.
CNBC reported that White House Crypto Czar David Sacks described the reserve as "like a digital Fort Knox for cryptocurrency." The executive order prohibits selling Bitcoin from the reserve and authorizes Treasury and Commerce departments to develop budget-neutral strategies for acquiring additional Bitcoin.
Some Bitcoin advocates expressed concerns about Trump's inclusion of other cryptocurrencies like Ethereum, XRP, Solana, and Cardano in the broader digital asset stockpile. Coinbase CEO Brian Armstrong suggested that Bitcoin alone would be the optimal choice for a strategic reserve.
Market Implications and Future Outlook
Bitcoin continues trading near $103,000 after reaching an all-time high above $112,000 earlier this year. Market analysts predict continued price appreciation driven by institutional adoption and ETF inflows. Cointelegraph reports that analysts from VanEck, Fundstrat, and Standard Chartered forecast a 2025 Bitcoin top between $180,000 and $250,000.
The growing corporate adoption trend reflects broader institutional acceptance of Bitcoin as a legitimate treasury asset. However, the volatile relationship between political figures and crypto advocates demonstrates the intersection of technology, finance, and politics in the digital asset space.
For Musk specifically, adopting a more aggressive Bitcoin strategy could align with his companies' innovative reputation while potentially providing portfolio diversification benefits. Tesla's existing Bitcoin holdings have already generated substantial gains, suggesting that expanded allocation could yield additional returns if market conditions remain favorable.
The Bitcoin community's call for Musk to double down on cryptocurrency investment reflects confidence in Bitcoin's long-term value proposition. Whether this political dispute will influence Musk's investment decisions remains uncertain, but the suggestion highlights Bitcoin's role as both a financial asset and a statement of technological philosophy.
Related Reading on BTC Peers
For comprehensive insights into global Bitcoin policy developments and regulatory frameworks, read the Global Bitcoin Policy Index (GBPI) analysis. This resource provides detailed examination of how different countries approach Bitcoin regulation and adoption, offering readers valuable context for understanding the broader policy landscape that influences corporate and government Bitcoin strategies worldwide. The analysis includes scoring methodologies for Bitcoin-friendly jurisdictions and practical implications for institutional investors.
