$Tesla Motors(TSLA)$ According to Bitcoin TreasuriesNet, Tesla owns so much Bitcoin (see image attached), if the Bitcoin is to be revalued (mark to market) in the coming financial report, it will definitely give Tesla a boost!
$Direxion Daily TSLA Bull 2X Shares(TSLL)$ This is 2x long Tesla. If Tesla up 1%, it will up 2%, and vice versa. Can buy this if ur risk appetite is big. Can sell put option on this counter too. But better have a wider buffer, say about 10-20% from the current market price to avoid being exercised. All the best! Let's make our trading Great again!
If Congress approves Bitcoin as part of U.S. reserves, it could trigger a global shift toward cryptocurrency adoption in reserve management. However, the pace at which other nations follow would depend on their economic priorities, technological readiness, and appetite for risk. This move could ultimately redefine the financial system, with Bitcoin becoming a pivotal asset in international trade and finance.
As of November 2024, MicroStrategy holds the largest amount of Bitcoin among publicly traded companies, with approximately 331,200 BTC, valued at around $30 billion.  This significant accumulation reflects MicroStrategy’s strategic decision to adopt Bitcoin as its primary treasury reserve asset, a move initiated in 2020 under the leadership of Executive Chairman Michael Saylor. Other notable corporate Bitcoin holders include: • Grayscale Bitcoin Trust: Manages one of the largest Bitcoin funds, holding about 643,572 BTC, which accounts for approximately 3% of all Bitcoin currently available.  • Marathon Digital Holdings: A prominent Bitcoin mining company with 17,631 BTC in its corporate treasury, valued at around $1.23 billion as of May 2024.  • Tesla: Holds approximately 10,725 BTC, va
As of November 2024, MicroStrategy holds the largest amount of Bitcoin among publicly traded companies, with approximately 331,200 BTC, valued at around $30 billion.  This significant accumulation reflects MicroStrategy’s strategic decision to adopt Bitcoin as its primary treasury reserve asset, a move initiated in 2020 under the leadership of Executive Chairman Michael Saylor. Other notable corporate Bitcoin holders include: • Grayscale Bitcoin Trust: Manages one of the largest Bitcoin funds, holding about 643,572 BTC, which accounts for approximately 3% of all Bitcoin currently available.  • Marathon Digital Holdings: A prominent Bitcoin mining company with 17,631 BTC in its corporate treasury, valued at around $1.23 billion as of May 2024.  • Tesla: Holds approximately 10,725 BTC, va
Mainly contributed by Tesl and its put options. The call options sold at $280 and $287 were a loss but quickly bot the mother shares at 24hr mkt at $277 when Trump was winning the election.