Idk. He is a doofus, but a bunch of companies getting bits on their balance sheet, and Tesla was first corp selling cars for bits

It was just a commercial gimmick, imo. He came to Bitcoin to fix it. When he realised that not only he didn't understand it, but he couldn't own the community, he left for a shitcoin (dogecoin). Just clown show. He's just a snake oil salesman.