Elon Musk Backs Bitcoin Once Again Amid Crypto Market Turmoil

Updated

October 15, 2025

Gambar Elon Musk Backs Bitcoin Once Again Amid Crypto Market Turmoil

Jakarta, Pintu News – Elon Musk’s latest statement on Bitcoin has caught the attention of markets and crypto enthusiasts around the world. In a tweet, Musk asserted that Bitcoin’s value is closely tied to real energy, in contrast to fiat currencies that can be printed by governments.

The comments come amid concerns about energy demand rising due to global competition in artificial intelligence.

Elon Musk and the Bitcoin Energy Philosophy

Elon Musk, known for his innovations at Tesla and SpaceX, recently reemphasized Bitcoin as an energy-based asset.

In a discussion on the X platform (formerly Twitter), Musk responded to a post about the rising prices of gold, silver, and Bitcoin being attributed to the devaluation trade to fund the AI arms race.

True.

That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.
— Elon Musk (@elonmusk) October 14, 2025

Musk emphasized that unlike fiat currencies that can be printed at will, Bitcoin is a system that cannot be counterfeited because it is based on real energy. Musk also linked this discussion to the huge energy requirements required by AI infrastructure.

With the increasing demand for energy, Musk argues that Bitcoin offers a more stable and reliable value system compared to currencies that are constantly printed by governments.

Market Reaction to Musk’s Statement

After Musk’s statement, Bitcoin price rebounded despite fears of a crash in the crypto market. Bitcoin price had reached $112,011, with price fluctuations as of October 14 recording a low of $111,569 and a high of $116,020.

Although trading volumes decreased by 18%, data from CoinGlass showed an increase in buying interest in the derivatives market hours after Musk’s tweet. Musk’s remarks also sparked discussion in the crypto community about the possibility of Tesla accepting back payments in Bitcoin.

Some users have asked when Tesla will start accepting Bitcoin again, given that Musk had previously discontinued this payment option due to environmental concerns.

Bitcoin and Energy: A Future Perspective

Discussions about Bitcoin and energy are not new to Musk. Since acquiring SolarCity, Musk has emphasized the importance of energy as the basis of true value.

Against this backdrop, Musk reaffirmed Bitcoin’s position as a rare digital asset based on real-world computing. This attracted the attention of investors looking for a resilient asset amid inflation and money printing by governments.

In addition, Tesla still holds a large amount of Bitcoin (BTC) on its balance sheet, reaching a record high in October 2025 totaling around $1.4 billion. This shows that despite market fluctuations, Musk and Tesla still see Bitcoin as a valuable long-term investment.

Overall, Elon Musk’s latest statements on Bitcoin not only reaffirm his belief in crypto as an energy-based asset, but also highlight the importance of understanding the relationship between technology, energy, and economic value.

By continuing to drive the discussion about energy and its true value, Musk is helping to shape how the market will view Bitcoin in the future.

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