#Tesla's #Bitcoin were sold OTC, were sold because they need their money back to hedge against their fear of recession and to appeal to investors in this period.
Do not be confused, that is strategy from a company. A bad one probably.
They invested what they couldn't afford to
lose, buying high and selling low.
They have their terms, obviously they have to mantain positive cash flow, and errors on the accounting and investing side are made more by centralized companies these days than "decentralized" ones.
When investing you shouldn't consider what other people are doing, but only what you should do based on your asset allocation, risk adjustment and investment strategies.
This is not a financial advice obviously
Anyway I don't think those #Bitcoin made any difference
#Canada YoY
Actual
8.1%
Forecast
8.4%
Previous
7.7%
#Canada MoM
Actual
0.7%
Forecast
0.9%
Previous
1.4%
Let's unpack it briefly
With a 9.4% UK finds itself on the firsts European (continent) Countries that are approaching double digits #inflation, and with the lack of haste in interventions on the #monetary#policies side, the #peak#inflation seems still far away. Let alone the MoM momentum, still high