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What if Tesla, microstrategy pulls all their BTC investment out, what will be BTCs future?
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[QUOTE="Jasz, post: 241264, member: 61772"] Recently, both Tesla and Microstrategy have made massive investments in Bitcoin. However, there's no guarantee they will keep that money where it is. What would happen if either of those companies were to pull out all their investment? The answer depends on a lot of factors. The two companies have invested over 1billion dollars in the cryptocurrency, and their withdrawal could result in a decline in the currency's value—though how much of a decline is difficult to predict. We're not sure why either company would pull out at this point, but with all investments, there are no guarantees. However, Microstrategy has invested several $millions into Bitcoin as part of their treasury reserve strategy. They have said that they will continue to buy Bitcoin with excess cash from operations until there are no excesses left or if the Board of Directors decides against it at some point in the future. This means that they will not be selling off any of their investments, let alone all of them at once. Tesla has invested $1.5 billion into Bitcoin as part of their treasury reserve strategy. They have said that they will continue to invest in Bitcoin as long as it remains legal and does not negatively impact their environmental goals. This means that they will not be selling off any of their investments, let alone all of them at once. [/QUOTE]
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What if Tesla, microstrategy pulls all their BTC investment out, what will be BTCs future?
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