Elon Musk drained 75% of his bitcoins Tesla sold three quarte | NFT Doggies

Elon Musk drained 75% of his bitcoins

Tesla sold three quarters of its digital gold and converted all of this stuff into fiat. Elon explains this action by the fact that the company's supply chain was disrupted due to covid restrictions and the financial results were depressed. Therefore, investors' faith in the "miracle machine" required a slight improvement in financial statements with the help of a cryptocurrency cube.

What the marketer from the crypto world is really up to is always a mystery. The billionaire said that this is temporary, and Tesla is open to building up its position in ($BTC) in the future. Musk also added that no Dogecoin was affected and the coins remain on the company's balance sheet.