Tesla sold Bitcoin to prove cryptocurrency’s liquidity as an alternative to cash, says Elon Musk

Tesla sold Bitcoin to prove cryptocurrency’s liquidity as an alternative to cash, says Elon MuskOn 27th April, Elon Musk said on Twitter that his company Tesla, sold 10% of its bitcoin holding to investigate and prove the liquidity of Bitcoin. Tesla was testing to see whether Bitcoin can be an alternative to fiat money.   No, you do not. I have not sold any of my Bitcoin. Tesla sold 10%

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Source and More information: Tesla Sold Bitcoin (BTC) to Prove Its Viability as a Currency

Author: BTCManager.com