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Article never mentions whether Tesla is still holding BTC other than to remark that it sold 10% of them in Q1. If it sold 10% of them in the one month between
by nostrademons 5y ago
Article never mentions whether Tesla is still holding BTC other than to remark that it sold 10% of them in Q1. If it sold 10% of them in the one month between purchase and the end of Q2, what makes you think it's still holding them a full quarter later?
Musk - and any other CEO - isn't like your average retail investor. Everything has a price, and you can say something is a good deal without it actually being a good deal. At the height of BTC (and Dogecoin's) popularity, right around Musk's SNL appearance, why wouldn't he dump it all to cash in on all that demand?