How Many Teslas Sold For Bitcoin

Last Updated on January 31, 2024 by Paganoto

Tesla Sold Most of Its Bitcoin, and Avoided the Bottom – Barron's

The electric-vehicle leader reported second-quarter earnings Wednesday evening. Most investors were ready for a big Bitcoin write down. Coming into the quarter Tesla (ticker: TSLA) held roughly 42,000 coins it had purchased for about $30,000 apiece, on average.Jul 21, 2022

Tesla Sold $936M Worth of Bitcoin in Second Quarter

Tesla ended the second quarter with just $218 million in bitcoin (BTC), down from $1.26 billion in the previous three quarters. The company said …

Tesla (TSLA) announces it sold most of its Bitcoin – Electrek

Tesla (TSLA) announced today that it sold most of its Bitcoin, about 75%, during the last quarter. The automaker didn’t elaborate on the reason …

Tesla dumped 75% of its Bitcoin holdings – TechCrunch

During the company’s Q2 earnings report, the electric car company revealed it has sold 75% of its Bitcoin holdings this quarter. The company …

Tesla sells 75% of Bitcoin in second quarter for $963 … – Fortune

Electric vehicle maker Tesla sold $936 million worth of Bitcoin, 75% of its holdings, in the second quarter, according to a shareholder deck …

Tesla Sold Most of Its Bitcoin to Shore Up Carmaker's Liquidity

Tesla first disclosed in February of last year that it had invested $1.5 billion in Bitcoin, then announced it had sold 10% of its stake two …

Tesla Sells Bitcoin for $64M Profit, Still Posts $170M …

Tesla spent $1.5 billion to acquire around 43,200 BTC in the first quarter of 2021, per Bitcoin Treasuries data. It went on to sell 10% of its …

Tesla Sold $936M of Bitcoin, Kept its Dogecoin Reserves

Tesla sold 75% of its bitcoin reserves, but CEO Elon Musk says the company hasn’t sold any of its Dogecoin.

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 …

Elon Musk's Tesla Has Sold 75% of Its Bitcoin Holdings

Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report. In its after-market earnings …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.