Tesla selling Bitcoin last year turned out to be a $500M mistake
Tesla's remaining Bitcoin stash has grown 100% from its November 2022 lows, demonstrating that hodling BTC can indeed pay off.
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Tesla's remaining Bitcoin stash has grown 100% from its November 2022 lows, demonstrating that hodling BTC can indeed pay off.
Bitcoin exposure may be down 77.5%, but Tesla still has the third-largest BTC holdings of a publicly listed company.
The electric vehicle maker earned $64 million in profits from Bitcoin trading, which was offset by a $204 million impairment.
Bitcoin rallied back above $23,000 on Thursday, following the release of Tesla’s quarterly earnings report. The report showed that Tesla was holding 9,720 bitcoin, worth $223 million. Ethereum was also…
The EV maker continued to hold its estimated 9,720 Bitcoin, only losing $34 million on its investment due to price declines towards the end of 2022.
Elon Musk, CEO of Twitter, SpaceX, and Tesla, has given his opinion about the latest reports on the creation of a common currency in Latam, to be initially worked on…
Bitcoin may be in line for worse losses in the new year, analysts say, but BTC price action has a least fared better than TSLA.
The Founder and CEO of Ark Invest – Cathie Wood – purchased 297,000 shares of Coinbase for approximately $11.9 million. She also bought 75,000 shares of Tesla Inc. Despite the…
In Nov. 2021, bitcoin’s market valuation managed to make it into the top ten list of assets ranked by market capitalization, as it was the eighth largest market cap last…
Elon Musk has not made any public comments regarding a bizarre $600,000 monument of him as a goat, which was delivered to the Tesla headquarters on the weekend.