As Bitcoin rides a new wave of bullish momentum, Tesla’s Bitcoin holdings—now valued over $1 billion—are capturing global attention! With Donald Trump’s recent election win fueling market sentiment, the price of Tesla's 11,500 $BTC soared by 10% yesterday and 45% over the past week. Just two years after Tesla famously sold Bitcoin at $29,000, the current price surge marks an unprecedented value increase.
Elon Musk, a vocal supporter of Trump, indirectly reaps the rewards as Tesla’s strategic Bitcoin investment continues to pay off. Despite speculation, Tesla has not sold its $BTC holdings and appears to use them as collateral, holding steadfast even as Bitcoin smashes new heights.
Had Tesla held its initial 42,000 $BTC , its value today could be a staggering $3.7 billion! As Bitcoin marches toward $100k, all eyes are on Tesla and Musk, who remain at the heart of this crypto revolution.
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