Here's How Much Tesla's Bitcoin Stash Is Worth

Canada News News

Here's How Much Tesla's Bitcoin Stash Is Worth
Canada Latest News,Canada Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

ICYMI: Telsa reveals that it holds $1.99 billion worth of Bitcoin BTC $BTC $TSLA

, the world's largest electric car manufacturer, revealed that it had held $1.99 billion worth of Bitcoin at the end of 2021.

Last March, Tesla made a $128 million profit by selling a small portion of its Bitcoin holdings to prove that the coin had a sufficient level of liquidity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla Recorded $101M Impairment Losses on Bitcoin Holdings in 2021Tesla Recorded $101M Impairment Losses on Bitcoin Holdings in 2021.Tesla recorded around $101 million of impairment losses from changes in the value of their bitcoin holdings in 2021. By JamieCrawleyCD
Read more »

Tesla held $2B of Bitcoin as of late 2021, SEC filing revealsTesla held $2B of Bitcoin as of late 2021, SEC filing revealsElectric-vehicle maker Tesla was holding about $2 billion worth of Bitcoin by the end of the 2021 after selling a portion of its BTC holdings in March.
Read more »

Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $43,000 After Tesla Announcement – Bitcoin NewsBitcoin, Ethereum Technical Analysis: Bitcoin Hits $43,000 After Tesla Announcement – Bitcoin NewsFollowing a strong weekend, bitcoin's surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC.
Read more »

Tesla Co-Founder Endorses New Solid-State EV BatteryTesla Co-Founder Endorses New Solid-State EV BatteryThe solid-state EV battery race is really cooking now, and Tesla co-founder Martin Eberhard is on record with a ringing endorsement.
Read more »

SEC Subpoenas Tesla Seeking Information Linked to Elon Musk SettlementSEC Subpoenas Tesla Seeking Information Linked to Elon Musk SettlementThe SEC has subpoenaed Tesla for information about compliance with a settlement requiring a company lawyer to preapprove certain tweets by Elon Musk
Read more »

Tesla Electric Vehicle Connection Buries Ford's Solid State Battery NewsTesla Electric Vehicle Connection Buries Ford's Solid State Battery NewsFord's Tesla connection got people talking this week, but solid state electric vehicle battery technology is also in the works.
Read more »



Render Time: 2025-03-03 01:02:03