The full report that Tesla submitted to the SEC today to confirm their $1.5B #Bitcoin buy and they they will start accepting it as a form of payment can be found here: https://www.sec.gov/Archives/edgar/data/0001318605/000156459021004599/tsla-10k_20201231.htm
Tesla’s $1.5 acquisition means that they decided to store 7.7% of their gross cash or 15.1% of their net cash in #Bitcoin
According to the most recent 10K filing, @Tesla had cash & equivalents of $19.4 billion (gross), or $98 billion (net of debt and finance leases).
Using these figures as a reference, $1.5 billion in #Bitcoin represents an allocation of 7.7% on gross cash or 15.1% on net cash. https://twitter.com/stephan…
Was Tesla the entity that behind the two huge ~30k BTC (combined) withdrawals from Coinbase last week? 👀
$1.5 Billion ≈ 38k BTC (assuming the price was 39k)
Speculative guess but I think 30k $BTC Coinbase outflows went to @Tesla
Bitcoin Maston Instance