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Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies as net income. Bitcoin boosts Tesla profits by almost $600 million ...
Tesla initially bought $1.5 billion of Bitcoin in 2021. Musk, a famous fan of the memecoin Dogecoin, predicted the investment would help the company maximize returns on cash and help it accept ...
Tesla’s remaining Bitcoin, less than 10,000 BTC, has appreciated over 350% since. Its original investment of 43,200 BTC would have been worth over $3 billion when Bitcoin hit a recent high of ...
Elon Musk bought $1.5 billion worth of the cryptocurrency in 2021 using the electric car maker’s cash reserves Tesla moves $765 million of bitcoin to mystery wallet Skip to main content
The moves raised immediate questions around CEO Elon Musk’s behavior on Twitter recent weeks, where he has been credited for increasing the prices of cryptocurrencies like bitcoin and dogecoin ...
Recall that back in the early days of 2021 when Tesla revealed its investment in Bitcoin, ... good luck telling Elon Musk what to do. Tesla shares are higher today, but the stock is down 9% so far ...
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Thursday gave an indication on why the electric vehicle maker invested in Bitcoin (BTC) and not Dogecoin (DOGE) — a meme cryptocurrency often at the ...
Remember when Tesla CEO Elon Musk agreed — somewhat spontaneously — to chat with Twitter CEO Jack Dorsey about Bitcoin? Well, the talk actually happened. The two rich dudes spoke on Wednesday ...