$TSLA 2021-FEB-09
𝐓𝐒𝐋𝐀 𝐟𝐨𝐥𝐥𝐨𝐰𝐬 𝐄𝐥𝐨𝐧 𝐢𝐧𝐭𝐨 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐫𝐞𝐯𝐞𝐥𝐚𝐭𝐢𝐨𝐧.
Tesla has announced that they have moved $1.5 billion of their cash reserves into Bitcoin, and apparently are in talks to begin accepting payments in Bitcoin. One would expect that news like this would be an igniter for Tesla shares; however on close there really wasn't much in the way of movement in the share price. Perhaps the retail euphoria has moved elsewhere?
That elsewhere is probably Bitcoin - which is approached +20% growth on the day.
What a time to be alive!
Tesla has announced that they have moved $1.5 billion of their cash reserves into Bitcoin, and apparently are in talks to begin accepting payments in Bitcoin. One would expect that news like this would be an igniter for Tesla shares; however on close there really wasn't much in the way of movement in the share price. Perhaps the retail euphoria has moved elsewhere?
That elsewhere is probably Bitcoin - which is approached +20% growth on the day.
What a time to be alive!
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