Hoskinson Reacted To Elon Musk’s statement, that Tesla Has No Intention Of Selling Its Bitcoin.
Seems the IOG chief hasn’t given up slamming the Bitcoin maximalists as the incident of Tesla's massive selloff of its Bitcoin.
Tesla Selloff 75% Of Its Bitcoin
As reported by Crytpolifedigital, In the letter sent to Tesla shareholders by Elon Musk, Tesla’s head, he revealed that he sold 75% of their Bitcoin holdings and accumulate a total of $936 million. Tesla revealed how he fought the inflation and economic meltdown in its full Q2 2022 financial report. He explained he sold the Bitcoin because of the incident of liquidity of the company given COVID-19.
He further stated that the massive sold-out should not be taken as any verdict on the flagship cryptocurrency.
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