On 27th April, Elon Musk said on Twitter that his company Tesla, sold 10% of its bitcoin holding to investigate and prove the liquidity of Bitcoin. Tesla was testing to see whether Bitcoin can be an alternative to fiat money.
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)https://twitter.com/elonmusk/status/1386821144037236737?s=20
- elonmusk
Why BTC needed proof it was a currency is a mystery to all users of crypto worldwide.