Post
Topic
Board Bitcoin Discussion
Re: Tesla make 1 billion profits from it Bitcoin holding
by
dezoel
on 01/11/2021, 20:27:48 UTC
As Bitcoin price relies on around $58,000 investors are already recording their profits and one among them is Tesla, a company own and operated by Elon Musk a popular cryptocurrency whale. The company bought 43,200 Bitcoins sometime in February 2021 have yielded a 65% that is 1 billion dollars profits at the present Bitcoin price.
So, I am guessing they are very lucky for not selling their Bitcoin. They were really at the brink of selling the bitcoins they bought in the market, but I don’t know why they changed their mind and didn’t sell it anymore.

Even on Twitter when Elon Musk started making some comments that made people believe that he is no longer interested in Bitcoin, there were lots of speculation going round that Tesla must have sold their Bitcoin and that would result in the market crashing at anytime. But at some point nobody talked about it anymore, even those that talked about it were not able to prove that they really sold their coins. Is good to realize that they never sold it.