Post
Topic
Board Bitcoin Discussion
Re: Tesla make 1 billion profits from it Bitcoin holding
by
so98nn
on 16/10/2021, 15:57:50 UTC
If Tesla (EM) did not sell all that BTC, then it would be more accurate to say that it is an unrealized profit - and EM has stated that it has no intention of selling that BTC, although this may change at any time.

This lol. Technically, it really isn't considered as "profits" if the assets haven't been sold yet in the first place. It's quite misleading, but I guess Cointelegraph's goal was to make it misleading enough to trick people into talking about it, and here we are. 🤷‍♂️

I think it’s best for us.  Grin
Know why? Because we are talking about this and spreading the word about two things here, one the Crypto space and second the Tesla. Both of them are getting famous here.
Well, let’s talk about crypto for that matter. From this news we at least have confidence that there is around 2+ billion dollars as fixed amount in it and is one of the many resistance for the same.
Moreover by reading this many users do think about crypto in different angles as we are long here.
This also brings another lot of peeps to crypto world.