๐ฐ Breaking News: Elon Musk's companies Tesla and SpaceX own 20,000 BTC worth $2.2 billion!
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๐ข What's new?
* Tesla and SpaceX together own nearly 20,000 Bitcoin, valued at around $2.2 billion.
* In comparison, companies like Figma (845 BTC), Mercado Libre (570 BTC), and Rumble (211 BTC) own much less.
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๐ก Why does this matter?
* This massive holding by Elon Musk's companies demonstrates continued confidence in Bitcoin as a reserve asset on corporate balance sheets.
* These significant investments from two leading innovative companies lend legitimacy to Bitcoin and encourage more companies to add it to their portfolios.
* This move is seen as a strong bullish indicator in the long term, as it reduces the available supply in the market and solidifies Bitcoin as a core asset.
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โ Do you think more major companies will follow in Elon Musk's footsteps and add Bitcoin to their balance sheets?
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LEGENDARY_007
