- Sun Dec 08, 2024 4:16 am
#4209
Tesla’s Bitcoin Blunder: Genius or Gamble?
Did Tesla drop the ball by selling 75% of its Bitcoin holdings in 2022? With Bitcoin recently hitting 102,000, that decision looks costly, potentially missing out on a 3 billion dollar gain. Was this a necessary move due to environmental concerns, a strategic miscalculation, or something else entirely? What does this say about Tesla’s understanding of the crypto market? Where do you see Bitcoin’s price going in the next year, and would you have held onto the Bitcoin if you were Tesla? Let’s discuss the implications of this move and what it means for the future of corporate crypto investment.
Did Tesla drop the ball by selling 75% of its Bitcoin holdings in 2022? With Bitcoin recently hitting 102,000, that decision looks costly, potentially missing out on a 3 billion dollar gain. Was this a necessary move due to environmental concerns, a strategic miscalculation, or something else entirely? What does this say about Tesla’s understanding of the crypto market? Where do you see Bitcoin’s price going in the next year, and would you have held onto the Bitcoin if you were Tesla? Let’s discuss the implications of this move and what it means for the future of corporate crypto investment.
- By Anonymous