Tesla already owns close to $2 billion in Bitcoin. The company is obviously willing to add more in the way of digital assets. According to a SEC filing, the company opened the door to adding to what it already has.
In this video I discuss how many publicly traded companies over the next couple years are going to follow suit. There is no way this is not going to spread. Companies will end up taking a portion of their Treasury and putting it into digital assets.
Here is a link to the article discussed:
https://blockworks.co/tesla-believes-in-the-potential-of-digital-assets-sec-filing-reveals/
▶️ 3Speak
Nice to learn more about tesla and comparison between tesla and BTC. Really very informative and I highly appreciate this share
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Seeing this right now is definitely one of the lesson am taking in the community, hoping that I will one day get acquainted too,nice one on Tesla too
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Yeah,it is just right that other companies follow that same part because we all know that Cryptocurrency is the future. It would be a loss on their part of they fail to follow the steps of Tesla.
wow about $2 billion in Bitcoin that's impressive let's hope many more companies take that idea and look forward to the growth of Cryptocurrencies in a short time.
Cryptocurrencies and digital assets used to be the future of finance,but from the look of things, that future has begun here already, and the sooner more firms and companies key into this development, the better for them.
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F. I want 2B BTC :).
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It would definitely be the right way from Tesla with their progressive mindset to buy more digital assets!
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I am wondering whether or not the companies consider BTC as an asset and not really for the development. At least I see more companies doing so because they could always convert the BTC into cash (liquid market). Didn't Tesla sell some BTC during part of the bull phase? They didn't exactly hurt the price too much by selling off their holdings and I think that is something even Buffet could probably agree on.
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Just for the reason they are not selling crypto is an indication it brings more value than fiat.
Going back to Warren, I wish he understand crypto is complementing other currencies in the market.
There is a use case for each of them till the world decides.
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