#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Elon Musk Has Two Hard Words for OpenAI Founder, Sam Altman
President Donald Trump is not the only public figure with whom Musk has had public disputes. This billionaire mogul has also had disagreements with Sam Altman. Musk is the owner of the electric car and clean energy company Tesla, the social media platform X, and the space technology company SpaceX, making him the richest person in the world. Altman is the CEO of OpenAI, the AI company behind the famous ChatGPT bot. Both Entrepreneurs Praise Cryptocurrency Tesla of Musk holds over 1 billion dollars in Bitcoin on its balance sheet, and this tycoon often speaks positively about Dogecoin. In fact, the acronym of the department he leads in Washington, the Office of Government Efficiency (DOGE), resembles the code of the popular meme coin. Altman is also a fan of cryptocurrency. In October 2023, he praised Bitcoin in an episode of Joe Rogan's podcast: "I think the idea of a global currency that is beyond the control of any government is an extremely reasonable and important step in the technology tree." Altman even launched the cryptocurrency Worldcoin in 2019. Both Musk and Altman are among the co-founders of OpenAI. Musk even served on the board of directors of the company from its launch in December 2015 until he resigned in 2018. Musk, who also runs an AI company, xAI, frequently criticizes OpenAI's shift from a non-profit model to a "capped-profit" model under Altman's leadership. When the so-called "The OpenAI Files" were published on X, Musk criticized the ChatGPT director as "Scam Altman."
AI models like OpenAI have been criticized for their centralized models, while decentralized AI, supported by cryptocurrency payments, is seen as a potential competitor to OpenAI. The market capitalization of AI tokens reached $25 billion at the time of writing.