Tesla Purchases $1.5 Billion In Bitcoin
Whitney Tilson’s email to investors discussing Doug Kass’s comments on the new that Tesla purchased $1.5 billion in bitcoin. Q4 2020 hedge fund letters, conferences and more Here’s Doug Kass’s take on this morning’s news (Tesla Buys $1.5 Billion in Bitcoin - The Wall Street Journal): Tesla Purchases $1.5 Billion In Bitcoin: Sorry, This Makes No Sense, Dan"While many on the Street have discussed the prospects of this move for Tesla, this morning's news formalizes the strategy of Musk and Tesla diving into the deep end of the pool of bitcoin and crypto. From a stock perspective, as we have seen ...