Tesla sold bitcoin
Elon Musk’s Tesla sells most of its Bitcoin holdings – BBC News
21.7.2022 — Tesla, which made waves last year when it revealed a major investment in Bitcoin, has now sold off most of its holdings of the cryptocurrency.
The announcement comes as the value of the world’s biggest cryptocurrency has plunged.
Tesla sells 75 per cent of its Bitcoin as profits slump in crypto …
Tesla sells 75 per cent of its Bitcoin as profits slump in crypto U-turn for Elon Musk | Euronews
22.7.2022 — On Wednesday, Tesla sold $936 million (€919 million) of the world’s largest crypto during its second financial quarter – worth around $2 billion …
Tesla’s sale of its Bitcoin holdings comes after CEO Elon Musk promised to not sell the Bitcoin tesla owned. Is this Musk U-turning on crypto?
Why Did Elon Musk Sell Tesla’s Bitcoin? – The Motley Fool
Why Did Elon Musk Sell Tesla’s Bitcoin? | The Motley Fool
28.7.2022 — Although Tesla made the announcement of the sale just last week, the company actually sold roughly 31,500 Bitcoin at a price of roughly $30,000 …
The self-proclaimed “Techno King” of Tesla sold Bitcoin for reasons that actually make sense.
Tesla Made No Changes to Its Bitcoin Holdings in Third Quarter
19.10.2022 — The electric car company did not buy or sell any bitcoin in the quarter, after selling 75% of its holdings in the second quarter.
The electric car company did not buy or sell any bitcoin in the quarter, after selling 75% of its holdings in the second quarter.
Tesla has dumped 75% of its bitcoin holdings a year … – CNBC
Tesla converted 75% of bitcoin purchases to fiat currency in Q2 2022
20.7.2022 — Tesla said in its second-quarter earnings statement that it has “converted approximately 75% of our Bitcoin purchases into fiat currency.
Tesla CEO Elon Musk spent much of 2021 hyping cryptocurrencies. His company has exited most of its bitcoin holdings amid a dramatic downfall.
Elon Musk’s Tesla has sold 75% of its Bitcoin: Here’s why
Elon Musk’s Tesla has sold 75% of its Bitcoin: Here’s why | ZDNET
21.7.2022 — Tesla has revealed it offloaded approximately 75% of its Bitcoin between April 1 and the end of June. The sales, which took place across the …
Tesla offloads the bulk of its Bitcoin holdings but chief Elon Musk says the decision was not a “verdict” on the digital currency.
Elon Musk: Tesla Sold Its Bitcoin Because of COVID … – Decrypt
Elon Musk: Tesla Sold Its Bitcoin Because of COVID Lockdowns in China – Decrypt
2.10.2022 — Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report. In its after-market earnings announcement, …
Citing China’s resurgent COVID crisis and its broader economic impacts, the CEO said the Bitcoin sell off helped Tesla’s cash position.
Tesla Sells Bitcoin for $64M Profit, Still Posts $170M …
Tesla Sells Bitcoin for $64M Profit, Still Posts $170M Impairment Loss – Blockworks
25.7.2022 — Plunging bitcoin prices have forced Tesla to record a $170 million impairment loss alongside solid second-quarter earnings, which saw a 42% jump …
Tesla made millions when it offloaded 75% of its bitcoin last quarter, but accounting rules mean it still took a hit to its balance sheet.
Bitcoin recovers after falling on news Tesla sold 75 … – Reuters
Bitcoin recovers after falling on news Tesla sold 75% of its holdings | Reuters
20.7.2022 — Tesla sold $936 million worth of bitcoin in the second quarter, more than a year after the company bought $1.5 billion of the cryptocurrency at …
Bitcoin rebounded after a brief sell-off late on Wednesday sparked by news that electric carmaker Tesla Inc had sold about 75% of its holdings of the virtual token.
Tesla records $204M loss from bitcoin in 2022 – TechCrunch
1.2.2023 — Last year, as the value of bitcoin began to plunge, Tesla sold 75% of its bitcoin holdings and used the proceeds to buy traditional currency …
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