NY brothers now millionaires after small investment in new crypto coin

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Shiba Inu coin investment turned New York brothers into multimillionaires a few months after they bet $8,000 on the ‘parody’ cryptocurrency, reports say

  • A New York family’s $8,000 investment in Shiba Inu coin reportedly netted them $9 million.
  • CNN Business interviewed the family, which began investing in February.
  • The coin’s value has grown by more than 10,000% this year, according to Coinbase.
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Bitcoin falls after latest Musk statement

  • In an early Monday morning tweet, Tesla CEO Elon Musk said the company “has not sold any Bitcoin.”
  • In a Twitter exchange Sunday afternoon, Musk had implied that the electric vehicle maker sold or may sell the rest of its bitcoin holdings, sending the price of the cryptocurrency down.
  • Musk has been a big supporter of cryptocurrencies, helping rally the prices of digital coins, including bitcoin, several times in the past year.
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