Tesla is also about to start the "Bitcoin perpetual motion machine" mode

Tesla is also about to start the "Bitcoin perpetual motion machine" mode
Everyone already knows that Tesla bought Bitcoin, and I define it as "the biggest positive for Bitcoin in 2021." My favorite company bought my favorite Bitcoin. For me personally, I can even brag about it for a month.
But there is one piece of data that no one may have expected, that is, the money Tesla earned from buying Bitcoin "may" (to be conservative) have exceeded their profit from selling cars in one year.
I believe that everyone will be surprised to see this data, because it seems that they just bought Bitcoin? How can they make money so easily? Is it so easy to make money by buying Bitcoin?
Oh, it really is that easy.

You may not believe it when I tell you this, so let me briefly explain it.
First, a report:

The report believes that Tesla's purchase of Bitcoin cost about $35,000, which is the price in January. But in fact, Tesla bought Bitcoin in 2020, and public documents show that it was up to the end of 2020.

That is to say, their cost must be lower than 3.5. Let's conservatively assume that Tesla's cost is $30,000, which means they bought 50,000. At present, the money they have made on Bitcoin should have exceeded $1 billion.
After a quick Google search, I found that their annual profit was $721 million:

Isn’t it amazing? Cryptocurrency trading is indeed a much faster way to make money than selling cars, haha.
Of course, we have to wait until their first quarter financial report comes out before we know how much money they have made. What I am looking forward to is that if they release their financial report next time and Bitcoin makes them more than a year's profit, will their stock price perform well by then?
If so, then it looks like Tesla could also start the “Bitcoin perpetual motion machine” mode.
The "Bitcoin perpetual motion machine" model is simply that a company buys Bitcoin - makes money when Bitcoin rises - the stock price rises when the financial report looks good - then it issues bonds/loans/increases the proportion of cash used, etc., and then buys Bitcoin - repeating this process over and over again.
If Tesla does this and succeeds, then a large number of listed companies will inevitably follow suit. This is no longer a simple asset allocation, but a choice that is cool, profitable, and represents attitude.
Look forward to their financial report and subsequent stock price performance.
For reference, this is the stock price trend of the first company to start the "Bitcoin perpetual motion machine" model:

I don’t expect Tesla to replicate this trend, but I think there will be many other small companies that can copy it.
I have said enough about this company, so I won’t introduce it in detail. They issued another convertible bond the day before yesterday, and they plan to continue to invest in Bitcoin:

Now that the perpetual motion machine has started running, it seems that there is nothing else to do... Let's blame it on this flood-like era.
Finally, I found that just after the beginning of the year, Tesla, the "biggest positive in 2021", was a little threatened because BlackRock was about to come in:

This is a trillion-dollar asset management behemoth... If they promote Bitcoin to the "scary old money" behind them, every one of them will be in turmoil...
Let's wait and see. It's no use just guessing at the moment. Wait until they come with a real force with more than one billion US dollars in ammunition before we blow them up.
In short, today's article is to tell you the most terrifying possibility:
If 10% of U.S. companies start to enter the "Bitcoin perpetual motion machine" mode, what will the situation be like then?
Think about it, the combined cash reserves they have are enough to buy all the bitcoins, but the actual circulation of bitcoins is only two to three million, and is still decreasing.
You make money when you buy it, and the stock price will go up as soon as you announce your purchase, thus starting a positive cycle right away.
Tsk tsk tsk, hard to resist.
2021 is really exciting.

<<:  The total deposits of the three major DeFi lending protocols hit a new high, exceeding $20 billion

>>:  North America's first Bitcoin ETF is listed, with first-day trading volume reaching $145 million

Recommend

Ruizi Technology is about to join the China REITs Alliance

On the afternoon of October 27, Mr. Wang Gang, Se...

Bitcoin News of the Week: Mt Gox and Dark Web Markets

Despite some high-profile developments in the Bit...

$1 billion in Bitcoin options contracts expire tomorrow, what happens?

Overview A large number of Bitcoin and Ethereum o...

Coin Zone Trends: Bitcoin Price Trends Based on Big Data This Week (2016-04-07)

1. Price Trends The current situation is: A. Acco...

8 characteristics of a person born rich

If it is destined to be yours, you will eventuall...

What kind of face is good for a man?

Everyone hopes to be blessed, and whether a perso...

Where are the best places for moles to grow on the facial features?

Where are the best places for moles to grow on th...

Will a woman with a mole under her eye bags bring bad luck to her husband?

The area where your eye bags are located is actua...

North Carolina Senate pushes for blockchain legalization, IBM shows support

Representatives from the blockchain industry appe...

Face analysis and personality tendencies to determine future lovers

Face analysis and personality tendencies to deter...

What kind of man is worth loving?

For women, some love is not worth looking forward...

Attractive palmistry features

Every woman wants to be charming. Being attractiv...

Women with downward mouth corners have bad relationships with friends

The rapid development of the times has caused us ...