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I don't know whether you consider Tesla a legitimate business but they're holding bitcoins. https://www.thestreet.com/crypto/bitcoin/tesla-up-1-billion-on-bitc
by DennisP 6y ago
I don't know whether you consider Tesla a legitimate business but they're holding bitcoins.
https://www.thestreet.com/crypto/bitcoin/tesla-up-1-billion-on-bitcoin-purchase https://www.thestreet.com/crypto/bitcoin/tesla-up-1-billion-...
- 12elephant 6y agoAlso Time Magazine: https://www.thestreet.com/crypto/bitcoin/time-magazine-to-hold-bitcoin https://www.thestreet.com/crypto/bitcoin/time-magazine-to-ho...
- arcticbull 6y agoLegacy media is a tough business. GBTC is paying Time in crypto produce shill content.
- arcticbull 6y agoI consider Elon to be a troll, who's messing with people. He's named his CFO "Master of Coin".
- HWR_14 6y agoTesla (and Time) hold them as a speculative asset. Keeping a percentage of a corporate treasury in bitcoin is speculation, but possible a reasonable one. Allowing the mixture of funds that people opt to pay you in to determine your corporate allocation of assets seems a bit careless.