Tesla Bitcoin Holdings Reclaim $1 Billion Threshold \ stacker news ~bitcoin

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Tesla Bitcoin Holdings Reclaim $1 Billion Threshold u.today/tesla-bitcoin-holdings-reclaim-1-billion-threshold

63 sats \ 2 comments \ @Rsync25 12 Nov bitcoin

In theory, since TSLA trades at a 95x that 1B addition to balance sheet is adding many multiples to overall stock price. In theory they get $95B in additional market cap from their 1B in bitcoin (I know its not that simple....but the principle is true).

0 sats \ 0 replies \ @Cotton 12 Nov

Elon’s definitely holding the bag with some conviction!