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🚨 Tesla just posted its second straight revenue miss — auto sales down 16% YoY.
But here’s what they didn’t do: sell a single sat of their 11,509 BTC. 🧊
While the EV business stumbles, their Bitcoin treasury remains untouched — now worth ~$1.3B.
• BTC is no longer just a hedge — it’s become a core reserve strategy
• Tesla’s conviction contrasts with tech peers still holding fiat-heavy balance sheets
• In an inflationary, uncertain macro, digital reserves are proving more resilient than earnings
Tesla may be struggling with margins and politics — but its Bitcoin bet is quietly paying off.
Legacy revenue is cyclical. Digital hard assets aren’t.
#Tesla # Bitcoin #BTC # CryptoTreasury #MacroFinance # Musk #DigitalAssets # EVMarket #Q2Earnings # StrategyShift