Tesla’s Bitcoin holdings surge by riding crypto wave
2 days ago · By 2022, Tesla’s Bitcoin holdings had grown to $2 billion but took a hit as the cryptocurrency’s value dropped. Tesla then sold about 75% of its Bitcoin, yielding $1.2 billion, but still holds ...
Tesla Stock Surges 8% Post-Market as Bitcoin Holdings Exceed
2 days ago · The increase in Tesla’s Bitcoin value is driven by soaring crypto prices rather than new acquisitions. The top crypto pushed its market capitalization to $1.75 trillion amid broader market fervor, overtaking silver in global rankings. Amid heightened institutional interest, optimism is swirling around U.S. spot Bitcoin exchange-traded funds, and market confidence is high …
Tesla Bitcoin Moves May No Longer Shake The Market - Forbes
Oct 26, 2024 · Tesla has moved its entire bitcoin balance of 11,509 BTC ($776.9M) to seven new wallets, marking the first movement of these assets in over two years. The transfers, which initially sparked...
Bitcoin Is Suddenly Braced For A Huge Elon Musk And Tesla
Oct 23, 2024 · Traders are braced for Tesla to post its third quarter earnings, potentially revealing why it suddenly moved its near-$800 million worth of bitcoin last week...
Tesla Quietly Transfers $765 Million In Bitcoin, Putting Musk's ...
Oct 21, 2024 · Tesla first made headlines in early 2021 when it invested $1.5 billion in Bitcoin. Musk, never one to shy away from risk, saw the move as a way to diversify Tesla's portfolio and support its ...
Tesla moves around $600 million worth of Bitcoin, but why?
Oct 15, 2024 · Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst...
'Trump trade' returns for second week as bitcoin, Tesla ... - NBC News
3 days ago · Cryptocurrencies and stocks, including Tesla, rallied Monday, picking up where they left off last week in the wake of the President-elect Donald Trump's victory. The price of bitcoin hit an all ...
Tesla transfers $770 million worth of Bitcoin holdings - TESLARATI
Oct 16, 2024 · Tesla transferred its entire 11,509 BTC worth $770M to new addresses, marking the first movement of its Bitcoin holdings since 2022.
Tesla likely still owns $780M in Bitcoin despite recent shuffle: …
Oct 23, 2024 · Electric car manufacturer Tesla probably still owns its entire Bitcoin stash worth $780 million despite transferring all the funds to unidentified wallets on Oct. 15, according to a...
Tesla moves $765 million in Bitcoin to unknown wallets | Fortune
Oct 16, 2024 · According to blockchain analytics platform Arkham Intelligence, the company has moved approximately $765 million worth of Bitcoin to unknown wallets. It’s unclear whether the EV maker, the ...
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