🚨 Tesla lost $2.5 billion due to low-priced Bitcoin sale! 🚨

Elon Musk's company, Tesla, suffered significant losses, having lost $2.5 billion after selling 75% of its bitcoins at a price five times lower than today. Recall that Tesla invested $1.5 billion in Bitcoin in early 2021 when the price reached $44,000. However, in mid-2022, when the market crashed, the company sold its assets for $23,000, missing out on potential profits.

Currently, the price of Bitcoin, which is trading around $115,000, shows a growth of about 80% over the last year. If Tesla had not sold its coins, they would be worth over $5 billion. Despite the losses, Tesla still holds 11,509 BTC, valued at $1.24 billion at the end of Q2 this year.

It is also worth noting that SpaceX, another Musk company, owns 8,285 BTC and recently conducted a transaction involving 1,308 BTC.

The cryptocurrency market continues to excite, and such sales highlight the importance of strategy in investing.

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