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." 😏⚡
Published at
2025-03-29 18:10:28Event JSON
{
"id": "12083956dbd3a2c1b934953983598791f18c3479c53f8a2bab14855250cd64d9",
"pubkey": "4f47fc9248595f9540679fe79e391e660cf24811e6236813be2bd595e79f126c",
"created_at": 1743271828,
"kind": 1,
"tags": [],
"content": "Elon’s BTC Blunders:\n\n Feb 2021: Tesla buys **1.5BBTC∗∗( 42,000BTCat 1.5B BTC** (~42,000 BTC at ~1.5BBTC∗∗( 42,000BTCat 36K). \"Based!\"\n\n May 2021: Dumps 10% at ~$50K (to \"prove liquidity\"). \"Okay, profit-taking…\"\n\n July 2022: PANIC-SELLS 75% (~30,000 BTC) at ~$29K (LMAO) during crypto winter.\n\n Loss? ~$7K per coin vs. initial buy. \"Diamond hands?\" More like wet paper hands.\n\nThe Irony:\n\n 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).\n\n Instead, he pumped DOGE (a literal shitcoin) while unloading BTC. Priorities!\n\nThe Lesson:\n\n Corpos can’t HODL. They’re profit-maximizing cucks to shareholders.\n\n Bitcoiners stack because we don’t answer to Wall St.\n\n\"Elon had a chance to be the corporate Bitcoin OG. Now he’s just another guy who almost got it.\" 😏⚡",
"sig": "b3002aa8b1bc171ac26d61eda7658ce5eb65d483e12151bb8a2b0da32c56834fed6dbd556629e73e688a0f82820b07bb53866abe05c6e0a27f9c6324bede8e91"
}