The purchase price of Microstrategy in Ave is around $31,500. Additionally, Tesla's average buy-in price is $36k. Is Elon going to sell?
What are your thoughts, gentlemen?
Why would they sell LOW?? They have their whole future ahead of them to sell high. I doubt they got to be rich CEOs by implementing a sell at a loss strategy lol.
My speculation for that question would be if Tesla and Microstrategy’s stock prices went down because their quarterly income statement is being affected negatively because of their bitcoins held in their treasury, this might cause shareholders to pressure the company to sell their coins. However, between Tesla and Microstrategy, it is very clear that Tesla would be the first to dump
if one of them dumps.
Also, it is not only Tesla and Microstrategy that are exposed to bitcoin. There are other institutional investors who are holding it, who also might dump it without thinking twice if their portfolios of stocks and bonds are taking losses. This might appear anatagonistic for much of you, however, I am not being antagonistic. This is reality.
