Tesla sold 10% of the bitcoins purchased in February. At the same time, the CEO of the company Elon Musk said that he continues to store his own BTC.
Recall that in early February, the American electric car manufacturer Tesla invested $ 1.5 billion in bitcoin.Then it caused the rate of the first cryptocurrency to rise to $ 45,000.Now, the company sold $ 272 million worth of BTC.
The report refers to the “positive impact” of this sale. It is not clear what exactly is meant by this term, but it is quite possible that we are talking about the net profit from the sale of bitcoins.
After the information about Tesla’s sale of a part of BTC appeared, some commentators began to accuse Musk of “pumping and dumping” bitcoin in order to earn money. However, the American entrepreneur stressed that his own BTC reserves remain intact.
“You misunderstand. I didn’t sell my bitcoins. Tesla sold 10% of its holdings, mainly to ensure that the asset is liquid and can be used to hold funds. ” wrote Musk responded to tweet Dave Portnoy.
At the end of March, Tesla added the ability to buy its electric vehicles with bitcoins, and the company receives exactly BTC, and does not convert the coins into US dollars. After that, Tesla specialists conducted a security audit of the BTCPay Server software for accepting payments in bitcoins.
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