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I 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 f
by mmastrac 4y ago
I 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.