Tesla Did Not Buy or Sell Any Bitcoin in the Fourth Quarter

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Electric car maker Tesla did not buy or sell any bitcoin in the fourth quarter, the second straight quarter its bitcoin holdings have remained unchanged. By NelWang

The value of its digital assets was $184 million, down from $218 million at the end of the third quarter due to impairment charges from a decline in

bitcoin's price. At the end of the third quarter, the price of bitcoin was slightly under $20,000, while at the end of the fourth quarter it was around $16,500.

 

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NelWang That's because they know selling $BTC is a terrible idea. Just wait for the coming liquidity crisis. No one knows when it's going to happen, but it's coming. At some point, ppl will have no option but derivative Bitcoin b/c ppl aren't going to sell. 21M...

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