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© 2020 Relevant Protocols Inc.
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53475 Members
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© 2020 Relevant Protocols Inc.
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“Tesla announced, as part of their Q2 earnings (published July 20th, 2022) that they had sold $936 million of Bitcoin (“BTC”) (75% of their holdings) causing the BTC price to fall by 1.7%. To many this seems counterintuitive to sell below the price they paid, especially given their bullish long term stance on the digital asset.”
“Tesla announced, as part of their Q2 earnings (published July 20th, 2022) that they had sold $936 million of Bitcoin (“BTC”) (75% of their holdings) causing the BTC price to fall by 1.7%. To many this seems counterintuitive to sell below the price they paid, especially given their bullish long term stance on the digital asset.”
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