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Why did Tesla allocate only 7.7% of its cash reserves to Bitcoin?

In light of Tesla’s $1.5 billion purchase of Bitcoin, market bullishness is at a fever pitch. In fact, right now, many anticipate that corporate treasurers worldwide will follow Tesla’s lead and take a closer look at an allocation towards cryptocurrencies. Tesla is the fifth-largest company in the S&P 500, which is the reason why many...
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Bitcoin (BTC) $ 97,945.24 3.81%
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