Bitcoin Was trading more than 4% on Thursday morning.

According to Coindesk, the price was around $32,180 per coin, while rival Ethereum was up 7% at 2,004 and Dogecoin was up 15% at 24 cents per coin.

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Elon Musk’s latest comments are helping to boost bitcoin and other cryptocurrencies.

Tesla CEO says electric-car maker will resume accepting bitcoin as payment after it does due diligence on the amount of renewable energy used to mine the currency, according to Reuters .

Musk commented at the B Word conference on Wednesday and pushed the price of bitcoin up by 8%.

Tesla said in May that it would stop accepting bitcoin for car purchases, another change.

Musk said, “I wanted a little more diligence to confirm that the percentage of renewable energy use is 50% or more, and there is a tendency for that number to increase, and if so, Tesla will be accepting bitcoin again.” Will start” Musk said.

Elon Musk owns these 3 cryptocurrencies

Musk said that in addition to the bitcoins owned by Tesla and SpaceX, he personally owns bitcoin, ethereum and dogecoin.

In other cryptocurrency news, Core Scientific Holding Company said on Wednesday that it would go public through a merger with a blank-check company backed by BlackRock Inc., in a deal that valued the cryptocurrency miner at $4.3 billion.

Core Scientific said it mined 928 bitcoins in the second quarter and forecast revenue of $493 million and $1.1 billion for fiscal years 2021 and 2022, respectively, according to Reuters.

The company said it was 100% net carbon neutral and aims to remain as it grows.

Special Purpose Acquisition Company (SPAC) Power & Digital raised $345 million in an upsized initial public offering in February.