Showing posts with label tesla. Show all posts
Showing posts with label tesla. Show all posts

Wednesday, January 25, 2023

Tesla Remained a Bitcoin Hodler During Q2 of 2022

Tesla sold 75% of its Bitcoin stash, but it kept the remaining 25% of its coins during the darkest of times.

Tesla, the electric car company led by Elon Musk, did not sell the remaining of its Bitcoin stash, as it was supposed to do during the 4th quarter of 2022, according to a filing published by the Securities and Exchange Commission (SEC).

Tesla’s BTC holdings should be priced at around $245 million, which would be the last 25% of all the Bitcoin purchased by the company during the Crypto Bullrun of 2021.

'Groundhog Day' in Crypto as Bitcoin Again Plunges Following New Record

The world's largest crypto briefly rose above $70,000 Friday, but immediately tumbled about 5% to below $67,000 It's deja vu all ove...