Tesla Bought Bitcoin At What Price

Last Updated on October 25, 2023 by Paganoto

Tesla Sold $936M Worth of Bitcoin in Second Quarter

Bitcoin ended the second quarter at a price of about $18,700, meaning Tesla avoided a substantial impairment charge on its holdings by selling earlier in the quarter. Tesla announced in Feb. 2021 it had purchased $1.5 billion worth of bitcoin, a move that caused the price of bitcoin to surge.Jul 20, 2022

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

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 held nearly $2 billion worth of bitcoin at the end of 2021

Tesla said Monday it was holding $1.99 billion worth bitcoin at the end 2021. · The company purchased a total of $1.5 billion in bitcoin in 2021.

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

Result: Tesla still holds around 38,300 Bitcoin that cost $1.329 billion. At Bitcoin’s price of $54,100 on April 26, Tesla’s trove is worth over …

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 in value from its Bitcoin investment amid what people are now calling a “crypto winter.” Early in 2021, …

Tesla Sold 75% of Its Bitcoin in the Last Quarter – Crypto Briefing

Tesla bought into Bitcoin at an average price of roughly $31,700; while the exact date the company sold its holdings is unknown, as is the …

'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 …

Paganoto

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