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RE: Why did Elon Musk sell Tesla's Bitcoin at a loss?

in LeoFinance • 2 years ago

The reason Tesla sold part of its Bitcoins is simple.

The date is coming to present the report to shareholders and Tesla is not a company that generates profit on its own, so for them to be able to demonstrate results, they took the asset that has the most liquidity and sold it.

This is the real reason for Tesla selling Bitcoins.

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2 years ago in LeoFinance by
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     2 years ago  

    Spot on, my friend :)

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