Remember, that $600m isn’t cash flow, it’s only paper profits that would become cash flow if it sold. Regardless, Tesla might be regretting selling 75% of their Bitcoin holdings back in 2022 for $1.7bn at $20k each.
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Does this basically mean prices are going to go down? Either the US drills more or OPEC increases production with is cheaper for us either way?
Yeah I think so
Ill take it.