jjvor
04-18-2022, 03:16 PM
Tesla recently filed their annual report with SEC and it revealed something pretty interesting – the company, despite its public break with Bitcoin some time ago, actually owns Bitcoin for 2 billion US dollars. The company wrote that “The fair market value of our bitcoin holdings as of December 31, 2021, was $1.99 billion.”
Tesla also announced that they may increase or decrease their holding depending on both market conditions and the company’s own views. Even more interesting was what the report said about Dogecoin, or more precisely, what it didn’t say. Despite the company allowing the buying of brand merchandise with it since January 2022, the report doesn’t mention any Dogecoin holdings at all.
Source (https://scamosafe.com/annual-report-shows-that-tesla-holds-btc-worth-2-billion-usd/)
This reminds me of the proverb “Always watch what they do, not what they say”.
Tesla also announced that they may increase or decrease their holding depending on both market conditions and the company’s own views. Even more interesting was what the report said about Dogecoin, or more precisely, what it didn’t say. Despite the company allowing the buying of brand merchandise with it since January 2022, the report doesn’t mention any Dogecoin holdings at all.
Source (https://scamosafe.com/annual-report-shows-that-tesla-holds-btc-worth-2-billion-usd/)
This reminds me of the proverb “Always watch what they do, not what they say”.