The implications of Elon Musk’s purchase on bitcoin’s climate narrative, other Fortune 500 treasury management strategies and more.This episode is sponsored by Nexo.io.Elon Musk’s Tesla (TSLA) has purchased $1.5 billion in bitcoin as a treasury reserve asset. Additionally, the company will soon be allowing people to pay for Teslas with bitcoin. In this episode, NLW breaks down:How Elon got to this moment, including his exchanges with MicroStrategy’s (MSTR) Michael SaylorWhat critics of the Tesla community and the bitcoin community are likely to say How this de-risks bitcoin purchases for other Fortune 500 companies How it relates to Elon’s doge memeing Why this is likely to have a significant impact on bitcoin’s narrative regarding climate change and energy use Why Cathie Wood is laughing all the way to the bank. -Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.-Image credit: Britta Pedersen/Getty Images EntertainmentSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.