The non-Bitcoin-centric reasons to sell its holdings were confirmed with the fact that Tesla still keeps 25% of its BTC and, according to Musk, is aiming at increasing its holdings in the future.Musk and his company were one of the main catalysts behind Dogecoin and Bitcoin rallies. Additionally, the SpaceX CEO remains bullish toward decentralized technologies and believes that the future will somehow be tied to it.
The massive deal itself also could not move the market that much today as the sale itself has been conducted back in June, when we saw Bitcoin and other cryptocurrency reaching extremely low levels.
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