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They do not gain anything by crashing bitcoin. They could gain by selling bitcoin, but they sold only 10% of their position. Even when you "pomp and dump" you
by Isinlor 5y ago
They do not gain anything by crashing bitcoin. They could gain by selling bitcoin, but they sold only 10% of their position.
Even when you "pomp and dump" you have to dump as the name suggest. It is not "pomp and crash&hold".
Unless they show profit from selling 1B$ bitcoin in next financial statements it is just Elon being dumb idiot.
Both for buying Bitcoin in the first place and for not offloading to make money to invest in Tesla.