⚠️Tesla- Elon Musk just shared their Q2 report!⚠️
2 min readJul 21, 2022
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They said that as of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency. Conversions in Q2 added $936M of cash to our balance sheet.
It means between April 1, 2022 and Jun 30, 2022 they sold 75% of their BTC holding. However, we don’t know exactly where they sold their BTC 🤷♂️
👉But, we know where EngineeringRobo gave buy signals.
EngineeringRobo gave sell signals at around $44K to Bitcoin in Q2.