Quote from: Cryptohacker92 on April 06, 2021, 06:52:28 AM

If tesla does not convert BTC to fiat, That means tesla buying more bitcoin. Tesla still investing in bitcoin. Why not, The price of BTC still increases,s and demand also increasing. Tesla also created a new demand for BTC by accepting bitcoin. Buy Bitcoin At Shiftal.

They don't need to purchase any BTC from the market. They are already accepting Bitcoin as a payment for their EVs, so there is a net inflow of coins. But these are initial days and we don't know what percentage of the sales are using BTC. In their Q1 statement, they have already made it clear that the value of BTC they are holding is around $2.48 billion. Let's wait until the next statement to see how much their holdings increase during the 3-month period.