[2021-02-08] BREAKING NEWS: TESLA BOUGHT $1.5 BILLION IN BITCOIN — SEC - page 2.

acquafredda

legendary

Activity: 1316

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Quote from: aoluain on February 08, 2021, 03:25:39 PM

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!

aoluain

legendary

Activity: 2254

Merit: 1256

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.

Karartma1

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

cr1776

legendary

Activity: 4018

Merit: 1299

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.

aoluain

legendary

Activity: 2254

Merit: 1256

Quote from: FatFork on February 08, 2021, 09:37:16 AM

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.

FatFork

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Top Crypto Casino

Quote from: aoluain on February 08, 2021, 09:33:07 AM

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

aoluain

legendary

Activity: 2254

Merit: 1256

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.

Quote from: aoluain on February 08, 2021, 09:04:08 AM

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

FatFork

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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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