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0 sats \ 0 replies \ @selfish_gene 14 Apr 2023
сейчас майнер будет дольше добывать биткоин и реже продовать. и меньше обычного.
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0 sats \ 0 replies \ @xanny 14 Apr 2023
Problem with publicly traded companies is they have to be short sighted.
If there's a cashflow deficit (as mentioned in the article) and selling BTC will cover it, the board will push for it to keep shareholders happy.
Being objective here since obviously Elon is a controversial figure, but this is a Wall Street problem. If quarterly earnings are next week, they wouldn't even care if they had a crystal ball telling them for certain BTC will be worth 10x in a month. They want to see the fiat balance sheet go up NOW.
And the law enforces this type of thinking too (fiduciary duty), opening a company up to lawsuits if they don't go along with the Wall Street analysts.
Personally as a TSLA stonkholder I'd rather have a down quarter or two followed by a 100%+ ROI after, but a public company is a slave to Wall Street sadly.
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