【Market Update】The strongest signal in Tesla’s Q3 report is that it didn’t sell a single Bitcoin out of its $972 million BTC holdings. Revenue of $28.05 billion came in slightly above expectations, but operating profit plunged 56% to $718 million, margins fell to just 2.6%, and free cash flow dropped 62%. Its core business is under this much pressure, yet it still hasn’t touched its BTC to shore things up—that’s what truly holding for the long term looks like, not just talking the talk. With $45.4 billion in cash and investments, it can afford to wait. Do you think corporate treasuries should hold on no matter what, or reduce their positions at the right time?
$BTC $ETH $SOL
#比特币 #特斯拉 #CorporateTreasury
(Source: BitcoinSistemi)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
$BTC $ETH $SOL
#比特币 #特斯拉 #CorporateTreasury
(Source: BitcoinSistemi)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.