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2025-03-29 18:10:28

Farley on Nostr: Elon’s BTC Blunders: Feb 2021: Tesla buys **1.5BBTC∗∗( 42,000BTCat 1.5B BTC** ...

Elon’s BTC Blunders:

Feb 2021: Tesla buys **1.5BBTC∗∗( 42,000BTCat 1.5B BTC** (~42,000 BTC at ~1.5BBTC∗∗( 42,000BTCat 36K). "Based!"

May 2021: Dumps 10% at ~$50K (to "prove liquidity"). "Okay, profit-taking…"

July 2022: PANIC-SELLS 75% (~30,000 BTC) at ~$29K (LMAO) during crypto winter.

Loss? ~$7K per coin vs. initial buy. "Diamond hands?" More like wet paper hands.

The Irony:

If he’d just held like a Bitcoin pleb, that stack would be worth **~2.8Btoday∗∗(vs. 2.8B today** (vs. ~2.8Btoday∗∗(vs. 1.2B from selling low).

Instead, he pumped DOGE (a literal shitcoin) while unloading BTC. Priorities!

The Lesson:

Corpos can’t HODL. They’re profit-maximizing cucks to shareholders.

Bitcoiners stack because we don’t answer to Wall St.

"Elon had a chance to be the corporate Bitcoin OG. Now he’s just another guy who almost got it." 😏⚡
Author Public Key
npub1farleyjgt90e2sr8nlneuwg7vcx0yjq3uc3ksya7902eteulzfkqyx670r