Buying $TSLA stock isn't a Bitcoin play despite TSLA buying $1.5b in BTC (represents just under .12% of their market cap). BUT, this reiterates what Bitcoin is: It's volatile, but not risky. Blockchain is here to stay. When mass society adopts blockchain, BTC will reach the moon.
$TSLA buying $BTC has pushed price > $44,000
This new ATH confirms that my view about Jan blow-off top was incorrect.
My assessment was wrong; bulls were right. Congrats!
Over the past 30 days, @elonmusk has gained 4.20M new Twitter followers.
Money can’t buy that kind of A+ free advertising for $TSLA.
Graphic courtesy: https://t.co/w6EwPOXvHB
Tesla starts a Bitcoin frenzy disclosing it bought $1.5 bil in Bitcoin. Elon never ceases to amazing me. Great move for excess cash. Leading the way in tech and innovation. After all, he did start pay pal too. Rally takes Bitcoin to $43k. $tsla $pypl
$TSLA said it bought #Bitcoin for "more flexibility to further diversify and maximize returns on our cash."
The message here is that cash is trash. #TSLSA traded its cash in for hard, sound money.
TESLA - EXPECT TO BEGIN ACCEPTING BITCOIN AS A FORM OF PAYMENT FOR PRODUCTS IN NEAR FUTURE, SUBJECT TO APPLICABLE LAWS & INITIALLY ON A LIMITED BASIS
$TSLA