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Topic: [2021-02-08] BREAKING NEWS: TESLA BOUGHT $1.5 BILLION IN BITCOIN — SEC - page 2. (Read 260 times)

legendary
Activity: 1316
Merit: 1481
The numbers are eye watering!
The $1.5bn purchase by Tesla should put them as the top owner of Bitcoin.

That list of 36 companies account for 6% of Bitcoins supply with Tesla to increase that.
Alot of that Bitcoin wont be hitting the market again for a long time.

Guys get your last satoshis while they are still there! This is nothing compared to what will happen when the bitcoin supply shock will truly hit. PlanB model still on track for an ever better run up. Keep holding in the free world!
legendary
Activity: 2464
Merit: 1387
The numbers are eye watering!
The $1.5bn purchase by Tesla should put them as the top owner of Bitcoin.

That list of 36 companies account for 6% of Bitcoins supply with Tesla to increase that.
Alot of that Bitcoin wont be hitting the market again for a long time.


legendary
Activity: 2310
Merit: 1422
It was about time, really. We all knew that it was coming and we were expecting it. As soon as I got the price alert on my phone I said to myself this must be some Elon crazy decision: and that was it.
As I use to say all the time hold on to your precious coins. There's not gonna be enough for everybody.
Other companies will now follow, and many more already are planning to do the same.
Hold on!
https://bitcointreasuries.org/ to be updated with Tesla but look at the numbers
legendary
Activity: 4256
Merit: 1313
Their actions (buying bitcoin) speak louder than words (re Dogecoin).  Dogecoin may be fun, but it is continually inflating so isn't a good store of value.  

Money talks, doge walks.
legendary
Activity: 2464
Merit: 1387

Yeah, I better be buying instead of making the announcement. What an idiot!  Grin


Ah there will be plenty more opportunities to buy, its just the dips will be higher I suspect.
legendary
Activity: 1820
Merit: 2700
Crypto Swap Exchange
You beat me to it FatFork! I have deleted my thread.

Great news, the flood gates have opened.

Yeah, I better be buying instead of making the announcement. What an idiot!  Grin


legendary
Activity: 2464
Merit: 1387
You beat me to it FatFork! I have deleted my thread.

Great news, the flood gates have opened. The richest man in the world bought Bitcoin,
many many many more will follow.

Confirmed! Elon Musk / Tesla bought Bitcoin

"In retrospect it was inevitable"

Quote
Tesla announced in an SEC filing Monday that it bought $1.5 billion worth of bitcoin.
The company also said it would start accepting bitcoin as a payment method for its products.


Source:

https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html
legendary
Activity: 1820
Merit: 2700
Crypto Swap Exchange
Quote
We hold and may acquire digital assets that may be subject to volatile market prices, impairment and unique risks of loss.

In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity. As part of the policy, which was duly approved by the Audit Committee of our Board of Directors, we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future. Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.
https://www.sec.gov/Archives/edgar/data/0001318605/000156459021004599/tsla-10k_20201231.htm
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