@Today 8 March 2021 more from that month

Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm's Shares Down 30% Since Buying Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would sell the bitcoin. Additionally, the shares of Microstrategy’s firm have also dropped considerably during the last 30 days, after multiple bitcoin treasury purchase announcements.