Jul 23, 2026 6:34 PM

Tesla is sitting on a paper loss with its 11,509 Bitcoin, yet they refuse to sell. While critics claim institutional interest is evaporating, Tesla’s decision to hold through a drawdown—rather than taking a tax write-off—is the ultimate signal of conviction. Silence from Elon Musk is actually the most bullish move possible, proving Bitcoin is a core balance sheet asset, not a speculative trade. Is holding a losing position a sign of genius or just corporate stubbornness?
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