Why Did Elon Musk Buy Bitcoin - Samuelpaganoto.com

Last Updated on March 24, 2023 by Paganoto

Tesla buys $1.5 billion in bitcoin, plans to accept it as payment

In a filing with the Securities and Exchange Commission, the company said it bought the bitcoin for “more flexibility to further diversify and …

Elon Musk's Sudden Swerve on Bitcoin – The New York Times

Elon Musk has been a big cryptocurrency booster of late, even directing Tesla to buy $1.5 billion in Bitcoin for its corporate treasury …

Elon Musk says Tesla may buy more Bitcoin even after losing …

Tesla’s shareholder presentation says the carmaker sold 75% of its “Bitcoin purchases” for $936 million. On Wednesday’s earnings call, Tesla CFO …

Why did Tesla buy bitcoin? – MarketWatch

Tesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to …

Why Did Elon Musk Sell Tesla's Bitcoin? – The Motley Fool

Tesla and Musk are now back in the spotlight for the same Bitcoin bought over a year ago. In a quarterly earnings call, Musk disclosed that …

Elon Musk's Tesla sells most of its Bitcoin holdings – BBC News

Tesla said it bought traditional currency with the $936m (£782m) from its Bitcoin sales. Tesla boss Elon Musk has been among the most high …

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 …

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 says he never told people to invest in crypto. Here's …

Musk continued. “In the case of Tesla, SpaceX, myself, we all did buy some Bitcoin, but it’s a small percentage of our total cash assets,” …

Does Crypto Still Care About Elon Musk? – CoinDesk

One might attribute that to Tesla’s framing of the BTC sale. During its recent quarterly earnings call, Musk emphasized the sale “should not be …

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