Tesla dumped 75% of its bitcoin at one of the worst times
The fixed monetary value and software-defined scarcity of Bitcoin are commonly used as arguments why Bitcoin is a valuable investment. As set out in the Bitcoin Protocol, this reward began at 50 BTC with the genesis block in January 2009. It has since halved every 210,000 blocks to 25, 12.5 and most recently to 6.25 BTC. Bitcoin halving refers to the reduction of the Bitcoin block reward paid out to miners upon the successful creation of a new...