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Musk swore not to sell Bitcoin, but Tesla cashed out 75% of its Bitcoin holdings
- lamontcg 4y agoWhat happened to HODL?
- mmastrac 4y agoI wouldn't call this "timing the market well". > Musk seems to have timed the market well, as a rough calculation implies Tesla lost only around $189 million from its initial Bitcoin investment, based on the difference between its $936 million conversion of Bitcoin into fiat and 75% of its initial $1.5 billion outlay, which comes to $1.125 billion.
- tamaharbor 4y agoAren't you supposed to ‘buy low’, ‘sell high’?
- fariszr 4y agoI mean did elon ever keep his word recently?
- monsterofcookie 4y ago