Bitcoin, could it replace the US dollar as a global store of value due to the limited supply of dollars, thus preventing inflation and currency devaluation? If the answer is yes, then it is indeed worth allocating some BTC.
Interestingly, in the first quarter of 2024, Tesla (TSLA) achieved record profits, partly from speculation on Bitcoin, earning $890 million. The other portion of profits, as usual, came from the sale of environmental regulatory credits.
At that time, Tesla spent $3 billion to purchase Bitcoin and sold $1 billion worth of BTC assets, making a profit of $580 million. Musk's game between reality and illusion truly makes him an alternative investment master. The biggest threats to Bitcoin come from tech tycoons like Musk, Bezos, and Zuckerberg. Because large holders can buy in large quantities and also sell in large quantities, the extreme price fluctuations come from this.