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$101 million
- Elon Musk's automaker on Monday said that it sold $272 million worth of digital assets during the first three months of 2021 and that it netted $101 million from the sale, which represented about 10% of its holdings at the time.
www.businessinsider.com › tesla-bitcoin-profit-101-million-cryptocurrency-investment-elon-musk-2021-4Tesla Reveals $101 Million Bitcoin Profit, Still Holds $1.3 ...
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Jul 22, 2021 · Though he didn’t specify exact amounts, Musk shared that bitcoin is his largest cryptocurrency holding, above ethereum and dogecoin, on Wednesday during “The B-Word” conference. The Tesla and...
- Taylor Locke
- 3 min
Jul 21, 2022 · Tesla aggressively embraced Bitcoin in 2021, investing $1.5 billion in the currency as CEO Elon Musk touted Bitcoin's advantages over standard fiat currency. For part of the year, Tesla...
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Jul 20, 2022 · The electric car firm has offloaded 75% of its Bitcoin, which was worth about $2bn (£1.7bn) at the end of 2021. It is backing away as the value of the cryptocurrency has plunged, falling by...
Aug 25, 2021 · As Bitcoin soars to near $50,000, Elon Musk’s profit jumps by 250%. BY Shawn Tully. August 24, 2021, 5:30 PM PDT. Elon Musk’s celebrated bet on Bitcoin has taken Tesla’s...
- Shawn Tully
- shawn.tully@fortune.com
Apr 26, 2021 · Elon Musk's automaker on Monday said that it sold $272 million worth of digital assets during the first three months of 2021 and that it netted $101 million from the sale, which represented...
Apr 28, 2021 · BY Shawn Tully. April 27, 2021, 5:30 PM PDT. Update: New details about Tesla’s Bitcoin stake were revealed in its 10Q filing on April 28th. You can read that story by Shawn Tully here. They’re...
May 18, 2021 · Musk’s latest bitcoin tweet on Sunday night shot the price of the cryptocurrency up by nearly 10 percent. Musk’s tweets, while not necessarily posted for his own financial gain, can...