🚀 Do we still believe in Musk? Tesla’s Q1 report has shown that the company has sold off approximately 18% of its $1.5 billion Bitcoin (BTC) purchase. According to a disclosure filing with the Securities and Exchange Commission (SEC), the BTC was first bought by Tesla in February of this year. In Tesla’s earnings call, CFO Zach Kirkhorn mentioned that Tesla ‘ believes, long-term, in the value of Bitcoin, so it is our intent to hold what we have long-term and continue to accumulate Bitcoin from transactions from our customers as they purchase vehicles.’ #CryptoTrading
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