Tesla Buys Bitcoin At What Price

Last Updated on July 19, 2023 by Paganoto

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 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 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, but …

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 …

Bitcoin must stay above this level for Elon Musk's bet to be in …

By my math, Tesla bought 46,000 coins at an average price of $32,610. In mid-March, it sold 10% of its holdings, around 4,100 coins, …

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 …

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 Buys $1.5 Billion in Bitcoin – WSJ

Tesla Inc. TSLA 0.66%△ said Monday that it bought $1.5 billion in bitcoin, a disclosure that follows Chief Executive Elon Musk’s promotion …

Elon Musk's Tesla buys $1.5bn of Bitcoin causing … – BBC

Elon Musk’s car firm Tesla has said it bought about $1.5bn (£1.1bn) of the cryptocurrency Bitcoin in January and expects to start accepting …

Paganoto

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