With #donaldtrump winning the election, Tesla sentiments also rose. The value of Tesla's BTCs began to increase, rising by 10 percent yesterday and 45 percent in the last week. The total value of the 11,500 $BTC s held by the company, which sold Bitcoin for $29,000 2 years ago, exceeded $1 billion for the first time.
Elon Musk, who gave the biggest support to Donald Trump elected in the USA, was also one of those who benefited from the rise in Bitcoin. The total value of the 11,500 Bitcoins held by Musk's company Tesla exceeded $1 billion.
Transferred but not sold As you may recall, in the month Tesla was launched, its BTCs were sent to 7 different addresses. It seems that these Bitcoins have still not been sold. The allegations were that Tesla used these #BTC s as collateral indicator credit amount.
He sold it for $ 29,000. Although Musk's Bitcoin investment seems to have paid off, when you consider that Tesla sold it for $ 29,000 2 years ago, the profit and loss situation was also distributed. The devil company obtained 31,000 of the 42,000 BTC in his possession for 900 million in cash. Tesla had these BTCs in February 2021.
If Tesla still has 42,000 BTCs in his possession today, he will earn $ 3.7 billion instead of $ 1 billion.
#elonmusk #WillBTCBreak100KSoon #BTCBreaks89k