Tesla’s Bitcoin Bet Pays Off: $1.2B Haul as BTC Surges 30% in Q2
9
2
Elon’s gamble looks genius—for now. Tesla’s Bitcoin stash just ballooned to $1.2 billion thanks to a fiery 30% rally last quarter. Wall Street analysts are either scrambling to upgrade crypto forecasts or sharpening their ‘I told you so’ knives.
Bull run or bull trap? The EV giant’s crypto playbook is printing money while legacy finance clutches its pearls. Remember when they called Bitcoin a ‘risk asset’? Try ‘corporate treasury rocket fuel.’
One hedge fund manager sniffed: ‘Tesla makes more from volatility than car sales.’ Ouch. But with numbers like these, even the skeptics are checking Coinbase charts.
By:
Previous
Joe McCann Shuts Down Asymmetric Liquid Fund Amid Strategic Pivot Away From Liquid Trading
Next
Animoca Exec Reveals: U.S. Regulatory Heat Fuels China’s Stablecoin Ambitions
