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Tesla purchased Bitcoin in January of this year, By the end of the quarter, their $1.5 billion purchase had grown to $2.6 billion. They had nearly $2.5 billion on their balance sheet at FMV as well as selling 10% for a $100M+ profit.
In this video I discuss whether every individual and company ought to follow this same model. Why should everyone hold some Bitcoin? Is this a prudent move?
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