Consider converting TSLA’s balance sheet to Bitcoin

Microstrategy CEO Michael Saylor responded to Tesla CEO Elon Musk’s tweet on Twitter, saying that if the goal is diversification, another strategy that can be considered is to convert TSLA’s balance sheet to Bitcoin. , And buy 25 billion US dollars of BTC.

This will provide all investors with diversification, inflation protection and more room for upside, and in a tax-efficient way. Earlier news, Tesla CEO Elon Musk initiated a poll on social media.

Musk said, “Recently, many people think that unrealized gains are a tax avoidance method, so I suggest selling 10% of Tesla stock. Do you support this proposal?” Musk also said that regardless of the outcome, it will Observe the results of this voting. At present, about 1.49 million people have voted in the survey, and the support ratio is 53.4%.

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