2 ms·
He splashed 1.5 billion on BTC - thats hardly modest. Perhaps he holds a small amount of doge but i bet he didnt just risk it blindly on btc. And since crypto i
by yrgulation 5y ago
He splashed 1.5 billion on BTC - thats hardly modest. Perhaps he holds a small amount of doge but i bet he didnt just risk it blindly on btc. And since crypto is rather unregulated i wouldnt be surprised if he manipulated things a bit to his advantage. Anyways just speculation on my part.
- betwixthewires 5y agoHe didn't, Tesla did. They added bitcoin to their asset holdings and it is on their balance sheet. Sure, he has significant control of the financial decisions within the company, but it is a publicly held company and it has a CFO that has to sign on to decisions like this based on what's good for Tesla, not based on what's good for Elon.