Just for a merchandise and the price pump up with this news. I wonder when will they accept payment to buy Tesla cars?
Tesla’s filed annual report with SEC revealed that the company is in possession of Bitcoins worth almost 2 billion USD, and it’s considered that the producer views the digital coins as an alternative to cash and a long-term investment opportunity. The company wrote that:
“The fair market value of our bitcoin holdings as of December 31, 2021, was $1.99 billion.”
Also, Tesla announced that they may increase or decrease their holding, depending on the market conditions and the company’s views. However, the report didn’t show a thing about Dogecoin holdings – Tesla has allowed buying brand merchandise using the meme coin since January 2022.
They say one thing, but do completely another.