Tesla & More Gambled on Bitcoin and Lost Billions – Are Your Investments Safe?
— February 2021, Living, Interesting, Resolute determination, Seemingly never, Amassed nearly 130, Invested, Estimated, Bitcoin investments, Next crypto bull market begin — 1 min read
Tesla & more Gambled on Bitcoin and Lost Billions – Are your investments safe? Elon Musk, Jack Dorsey and Michael Saylor have seen their companies’ balance sheets pounded and their collective losses in bitcoin drop to over $2 billion. Saylor’s software development company MicroStrategy has spent around $4 billion and has amassed nearly 130,000 BTCs over the past two years. Despite ongoing crypto unpredictability, there is an unwavering optimism among those who invest in it. The overall crypto market that was estimated to be worth $3 trillion six months ago is now worth under $1 trillion, according to The Guardian. The average investor to do in financially-turbulent times as these is a good start. Source