Elon Musk Hints at Buying More Bitcoin: Surpass Michael Saylor?

Can Elon Musk’s Tesla Surpass Strategy as Top Corporate BTC Holder?

A recent tweet from Elon Musk has once again set off rumors that he might be looking to buy more Bitcoin. Musk strongly criticized a Republican-backed bill that proposes large tax cuts for the rich and could raise U.S. debt by $3.8 trillion over 10 years. He called it a “disgusting abomination.” The bill also includes a clause that stops states from making their own AI rules for 10 years.

Source: X

This has made many people worry about inflation and government control. XRP supporter John Deaton reacted by saying the bill is a “walking advertisement for Bitcoin.” He believes such poor financial policies could drive companies like Tesla back into crypto. 

He even said it might add more BTC to its holdings. Even gold supporter Peter Schiff said this bill could weaken the U.S. dollar. Though Elon Musk hasn’t confirmed a purchase yet, the signs suggest he may be considering one. If so, Elon Musk will be back in the race for purchase. 

Tesla Bitcoin Holdings Vs. MicroStrategy Holdings

Tesla and MicroStrategy have both been key players in corporate investment. According to Bitcoin Treasuries Net, Tesla first bought over 43,200 BTC in 2021. However, by mid-2022, the company sold most of it, keeping only a small amount. In January 2025, the company turned bullish again and now holds 11,509 BTC, worth about $1.22 billion.

Source: Bitcoin Treasuries Net 

On the other hand, MicroStrategy—now known as Strategy—started buying back in 2020. Led by Michael Saylor, the company began with 21,454 BTC. Today, Strategy holds a massive 580,955 BTC, worth $61.48 billion. Since 2024, Strategy has been actively adding more BTC, showing strong belief in its long-term value. Compared to Tesla, Strategy’s position is much larger.

Source: Bitcoin Treasuries Net 

Tesla Ranks 7th in Bitcoin-Holding Companies: Can Telsa Overtake Strategy?

Right now, it is ranked seventh among public companies holding Bitcoin. To move up the list, it would need to make major purchases. Here's how it stacks up:

• MicroStrategy: 580,955

• MARA Holdings: 49,228 

• XXI (CEP): 37,230 

• Riot Platforms: 19,225 

• Galaxy Digital Holdings Ltd. (GLXY.TO): 12,830 

• CleanSpark, Inc. (CLSK): 12,101

• Tesla: 11,509 

If Elon Musk wants to beat Strategy, it would need to buy over 569,446 BTC—a very big number. Even to pass MARA, it would have to add around 37,720. To move ahead of Riot, it needs about 7,717.

Given that Tesla’s market cap is over $1.1 trillion, it could technically afford a larger buy. But the company has stayed quiet about any big plans. Based on the current macroeconomic issues—like rising inflation, unstable fiscal policies, and growing AI concerns, might push the company to increase its stash.

For now, Strategy remains the top holder among public companies. But if Elon Musk acts on the signals he's sending, it might shake up the leaderboard soon. All eyes are on his next move.