Last Updated on October 14, 2023 by Paganoto
Tesla May Take $460M Impairment Charge on Its Bitcoin …
Tesla May Take $460M Impairment Charge on Its Bitcoin …
Tesla first bought $1.5 billion worth of bitcoin in January 2021 when the cryptocurrency was selling for $32,000 to $33,000. Tesla sold about 10% of its holdings later in that first quarter, but hasn't bought or sold any of its bitcoin since then.Jul 20, 2022
Tesla Bitcoin Bet Goes Bad. Here's How Much It's Lost. | Barron's
Tesla Bitcoin Bet Goes Bad. Here's How Much It's Lost. | Barron's
Tesla was thought to have purchased Bitcoin at about $36,000, the price prevailing when the company announced its investment in February, …
Tesla buys $1.5 billion in bitcoin, plans to accept it as payment
Tesla buys $1.5 billion in bitcoin, plans to accept it as payment
Bitcoin prices surged to new highs Monday following Tesla’s announcement, reaching a price of at least $44,200. Tesla shares were up more than 2 …
Tesla Took $51 Million Hit on Bitcoin Despite Price Soaring …
Tesla Took $51 Million Hit on Bitcoin Despite Price Soaring …
Tesla is thought to have bought its bitcoin for around $34,000. So even though bitcoin rose roughly 30% to $43,800 in the third quarter, Tesla …
We just learned a lot about Tesla's Bitcoin bet – Fortune
We just learned a lot about Tesla's Bitcoin bet – Fortune
So the math suggests that Tesla sold around 4,800 Bitcoins at that price to raise the $272 million. We also can reckon what Tesla originally …
Amid Bitcoin's crash, all of Tesla's gains have vanished – Fortune
Amid Bitcoin's crash, all of Tesla's gains have vanished – Fortune
Musk bought, by Fortune’s estimates, 46,000 Bitcoin between the start of this year and early February at an average price of $32,600. In Q1, …
Tesla cashes out $936 million in Bitcoin, after a year of … – NPR
Tesla cashes out $936 million in Bitcoin, after a year of … – NPR
Tesla aggressively embraced Bitcoin in 2021, investing $1.5 billion in the currency as CEO Elon Musk touted Bitcoin’s advantages over standard …
Tesla (TSLA) has lost over $500 million from its Bitcoin …
Tesla (TSLA) has lost over $500 million from its Bitcoin …
Tesla bought bitcoin, people pointed out how bad it was for the planet. THEN tesla stopped accepting bitcoin…for a few weeks…then elon …
'I'm Anxious'—Bitcoin Now Braced For A Tesla Price … – Forbes
'I'm Anxious'—Bitcoin Now Braced For A Tesla Price … – Forbes
Tesla announced it had sold about 75% of the $1.5 billion bitcoin it bought over a year ago, adding $936 million in cash to its balance sheet …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.