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A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by mskec on Monday February 08, 2021 @04:05PM (#26070106)
Bitcoin dropped 55% in March 2020 vs S&P500 dropping 35%. You'd lose more with this hedge than without.
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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by jackTheMan on Tuesday February 09, 2021 @09:10AM (#26077599)
Tesla dropped even more (180->72) and since then it is hyped even more even so it still doesn't make profit from it's core business.

And since then lot of people hyped the bitcoin.

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