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by DennisP 1891 days ago
I don't know whether you consider Tesla a legitimate business but they're holding bitcoins.

https://www.thestreet.com/crypto/bitcoin/tesla-up-1-billion-...

3 comments

Tesla (and Time) hold them as a speculative asset. Keeping a percentage of a corporate treasury in bitcoin is speculation, but possible a reasonable one. Allowing the mixture of funds that people opt to pay you in to determine your corporate allocation of assets seems a bit careless.
Legacy media is a tough business. GBTC is paying Time in crypto produce shill content.
I consider Elon to be a troll, who's messing with people. He's named his CFO "Master of Coin".