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#The Wall Street Journal: Elon Musk wants McDonald’s to accept dogecoin for payment

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#The Wall Street Journal: Elon Musk wants McDonald’s to accept dogecoin for payment

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
DOGEUSD,
-0.24%
rose 7% on Tuesday, according to CoinMarketCap. 

Tesla
TSLA,
-1.25%
and McDonald’s
MCD,
-1.16%
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.

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