The reason for the decrease in the price of Bitcoin was found. There are many rumors about the sale of SpaceX’s digital assets, which is why we went to a new report from the Wall Street Journal. On Thursday, the Wall Street Journal reported that the company controlled by Elon Musk (SpaceX) has reduced digital assets (Bitcoin) over the past two years. In the last two years, this company has reduced the value of its investment in Bitcoin to 373 million dollars and has sold some of its Bitcoin assets. Rumors intensified from the fact that the Tesla company adopted a similar strategy. This caused the rumors regarding the fall of Bitcoin by SpaceX to be strengthened in the crypto community.
According to the Journal, in 2021, Tesla bought one and a half billion dollars of Bitcoin, which later sold twice. Tesla made its first bitcoin sale in the first quarter of 2021, which was worth 272 million dollars. Tesla sold 75% of its bitcoin assets for the second time in 2021 and added liquidity to its balance sheet. According to financial statistics, the company still has $184 million of its bitcoin assets.
From the fact that the rumors show that the reason for the decrease in the price of Bitcoin are the two companies SpaceX and Tesla, it is not possible to distinguish exactly what these companies have done with their digital assets. Tesla and SpaceX are two companies controlled by the richest man in the world (Elon Musk). Thank you for paying attention to the short news of digital currencies on our news website
