What if Tesla, microstrategy pulls all their BTC investment out, what will be BTCs future?

sincerem

VIP Contributor
When it comes to the leading investors around Bitcoin, you'll definitely mention microstrategy and Tesla companies as the top Bitcoin whales. Their investment is whopping indeed, which has seen microstrategy BTC holding totalling '124,391 BTCs, which is around $5.9 billion as at December last year when such data was taken.

While Tesla's Bitcoin holding is very much large too, which is $1.5 billion. So, if you put the two funds together, they're just around $7+ billion. Don't you think if such investments are pulled out around Bitcoin such will really crash down Bitcoin market and cause one of the most bear market in history? Recently, Elon musk tweeted that ever since Tesla company invested such amount around Bitcoin they never removed a dime from it. Saying it is funds saved for the future. Same too is what microstrategy boss said last year when he was interviewed. He said, the bitcoins which microstrategy bought will remain on their Bitcoin account for ages. Still we shouldn't just relax our mind and thinking it will just work that way as they've said. The future can change, decisions can be remade, and before you know, microstrategy and Elon musk's Tesla company can refute back their tweet and decide to flip large amount of their coins.

Do you think such kind of massive sales gonna happen anytime soon between Tesla and microstrategy company?

What do you think will happen if both companies flip all their BTC off?
 

Jasz

VIP Contributor
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.
 
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