Elon Musk wants McDonald’s Corp. to start accepting dogecoin for payment.
“I will eat a happy meal on tv if @McDonalds accepts Dogecoin,” Musk, chief executive of Tesla Inc., said in a tweet Tuesday morning. He has repeatedly touted dogecoin, including earlier this month when he said Tesla would accept the cryptocurrency for payment for some merchandise.
The price of dogecoin /zigman2/quotes/226077044/realtime DOGEUSD -10.69% rose 7% on Tuesday, according to CoinMarketCap.
Tesla /zigman2/quotes/203558040/lastsale TSLA +4.06% and McDonald’s /zigman2/quotes/203508018/composite MCD +0.35% representatives didn’t respond to requests for comment.
The tweet comes after cryptocurrency prices —including dogecoin—have fallen sharply in recent days. The selloff prompted McDonald’s to tweet on Monday : “how are you doing people who run crypto twitter accounts.”
An expanded version of this report appears on WSJ.com.
Also popular on WSJ.com:
Fidelity, once stodgy and adrift, bets on the Reddit crowd.
SAT changes will make exam shorter, simpler and digital.