What Tesla’s Big Bitcoin Sale Means for Other Firms Putting Crypto on Their Balance Sheets

is unlikely to have a significant impact on whether other firms will be adding crypto to their corporate treasuries.

Tesla was also able to eke out a small profit on its bitcoin sale, despite the sharp decline in bitcoin prices over the last few months. The companyin January 2021 when the cryptocurrency was selling for around $32,000 to $33,000. Tesla later sold about 10% of its holdings in that first quarter for a profit.

And Tesla’s bitcoin sale could be viewed as a completely reasonable tactic for raising cash for corporate purposes. Larsen told CoinDesk he expects more corporations to add bitcoin to their coffers in the future, especially as more regulations are passed by the U.S. Congress.

Tesla It seems to me that no one cares about this situation

Tesla Of course not. The richest nan in the world sells his Bitcoin. No reason to be concerned ?

Tesla solar_dex is the first U.S Based Solana Dex that offers a one of a kind safe platform. Solar eliminates the need for third-party liquidity locks by making it mandatory for every liquidity pool to lock for 3 months. This means NO MORE Just only 100m max supply

Tesla :¨Institutions will not sell¨....sure...🤣

Tesla ElonMusk literally acted like a Scooby Doo villain with Bitcoin . Makes you wonder how many lies he's been telling the world!

Tesla With his tweets, he drove ordinary people into a bitcoin pyramid, told everyone not to sell, and then dumped a billion dollars in bitcoins. 'Person of the year who LOVEs people'

Tesla Yeah

Tesla Be insomma non avrà neanche un impatto positivo sicuramente ... Anche perché BTC sale in base all interesse e ai soldi che si investono

Tesla Yeah, they weren't doing it anyway

Tesla I have found the reason why, which explains it and make scene:)

Tesla He needs to liquidate because Twitter deal is about to screw him

Tesla Someone should buy my domain names off me… lol

Tesla This should tell companies: run and dont invest in Bitcoin rn, wait until it falls back below 5k 😎 Not financial advice

Tesla When Allah helps me & when the news of my dreams is spread all around the world then i get a lot of wealth,I don't remember precisely,& slowly it becomes billions of dollars.IBelieveMuhammadQasim

Tesla

Tesla People realize that corp treasuries trade their investment portfolio and riskiest stuff gets dumped when needed for risk mgmt and anything gets dumped when needed for liquidity right?

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