Is Elon Musk Selling 10% Of Telsa's Bitcoin A Sign? / Elon Musk S Tesla Buys 1 5bn Of Bitcoin Causing Currency To Spike Bbc News / Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull.. Tesla booked a $101 million profit selling 10% of its holdings. Tesla had announced it was accepting btc for car payments starting in february. Musk cited the environmental costs of mining the digital cryptocurrency in a statement posted on twitter. Tesla claims to have raked in a handsome aud $130+ million profit thanks to its recent aud $1.93 billion bitcoin investment. Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull.
The result of this sale? A lump sum in profit for the electric vehicle company. In its q1 2021 earnings call on april 26, the electric car maker said that in march it sold off $272 million worth of the $1.5 billion in bitcoin it bought earlier this year. Then he dumps it and makes a fortune, dave portnoy said in a tweet. Elon musk's tesla made more than $100 million by investing in bitcoin earlier this year.
Is elon musk selling 10% of telsa's bitcoin a sign? — elon musk (@elonmusk) april 26, 2021. Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull. Probe into binance, one of the world's biggest crytocurrency exchanges. Recall that tesla revealed its q1 earnings report on the 26th of april. Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull. The ceo also indicated that tesla had sold only 10% of its btc and it was a move intended to prove bitcoin's ability to be used as a liquid asset instead of fiat currency. Then he dumps it and makes a fortune, dave portnoy said in a tweet.
Tesla invested $1.5 billion in bitcoin this quarter and then trimmed its position by 10%, kirkhorn said during the company's quarterly earnings call in april.
Elon musk said tesla sold 10% of its bitcoin holdings to show that it's a good alternative to cash. The company cited concerns about rapidly increasing use of fossil fuels for bitcoin mining and. Is elon musk selling 10% of telsa's bitcoin a sign? Bitcoin has surged by as much as 10% over the course of the last 24 hours Elon musk replied to the tweet saying: A funny thing for elon musk to do would be: Musk's announcement sent the price of bitcoin down by about 10%, while the entire cryptocurrency market lost $365.85 billion in value, according to cnbc. Tesla invested $1.5 billion in bitcoin this quarter and then trimmed its position by 10%, kirkhorn said during the company's quarterly earnings call in april. Elon musk seen using his phone inside a. Elon musk's tesla made more than $100 million by investing in bitcoin earlier this year. The result of this sale? — elon musk (@elonmusk) april 26, 2021. I wrote back in february:
Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull. Tesla had announced it was accepting btc for car payments starting in february. I wrote back in february: Tesla's chief financial officer, zachary kirkhorn, said the sale trimmed our position by 10% — putting the value of. Elon musk replied to the tweet saying:
I have not sold any of my bitcoin. Tesla sold some of its bitcoin stash in the first quarter for $272 million in proceeds. Elon musk's tesla made more than $100 million by investing in bitcoin earlier this year. Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull. In the report, which expectedly created a commotion on bitcoin twitter, musk reveals that tesla sold 10% of its bitcoin holdings. Recall that tesla revealed its q1 earnings report on the 26th of april. A lump sum in profit for the electric vehicle company. Sold 10% of its bitcoin holdings to demonstrate the token's liquidity, while adding that he's retained his personal investment in.
The billionaire added that he hadn't sold any of his personal bitcoin holdings.
Musk's announcement sent the price of bitcoin down by about 10%, while the entire cryptocurrency market lost $365.85 billion in value, according to cnbc. Recall that tesla revealed its q1 earnings report on the 26th of april. I have not sold any of my bitcoin. 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. Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull. Tesla invested $1.5 billion in bitcoin this quarter and then trimmed its position by 10%, kirkhorn said during the company's quarterly earnings call in april. Follow us @crypto for our full coverage. According to the tweet, musk has not sold any of his bitcoin yet. The billionaire added that he hadn't sold any of his personal bitcoin holdings. Tesla sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet. Tesla sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet. Tesla sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet. Tesla sold some of its bitcoin stash in the first quarter for $272 million in proceeds.
Tesla booked a $101 million profit selling 10% of its holdings. Then he dumps it and makes a fortune, dave portnoy said in a tweet. At about 1:56 a.m., musk clarified that tesla has not sold any bitcoin, sending the price up to about $44,900, but not recovering all of the day's losses. Probe into binance, one of the world's biggest crytocurrency exchanges. Tesla claims to have raked in a handsome aud $130+ million profit thanks to its recent aud $1.93 billion bitcoin investment.
Elon musk said tesla sold 10% of its bitcoin holdings to show that it's a good alternative to cash. Tsla) ceo elon musk posted a controversial tweet that gave a handle to think that tesla is going to sell all the bitcoin it has.following his response to the user. Tesla sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet. Tesla's chief financial officer, zachary kirkhorn, said the sale trimmed our position by 10% — putting the value of. According to tesla ceo elon musk, the company sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet. no, you do not. According to the tweet, musk has not sold any of his bitcoin yet. Is elon musk selling 10% of telsa's bitcoin a sign? Elon musk said tesla sold 10% of its bitcoin holdings to show it's a good alternative to.
Bitcoin has surged by as much as 10% over the course of the last 24 hours
I have not sold any of my bitcoin. Bitcoin has surged by as much as 10% over the course of the last 24 hours Then he dumps it and makes a fortune, dave portnoy said in a tweet. Is elon musk selling 10% of telsa's bitcoin a sign? While bitcoin fell below $50,000 for the first time since april 24, the cryptocurrency is still up over 400% in the past 12 months. Tesla sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet. I have not sold any of my bitcoin. Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull. According to the tweet, musk has not sold any of his bitcoin yet. In the report, which expectedly created a commotion on bitcoin twitter, musk reveals that tesla sold 10% of its bitcoin holdings. Tesla sold some of its bitcoin stash in the first quarter for $272 million in proceeds. Elon musk said tesla sold 10% of its bitcoin holdings to show that it's a good alternative to cash. The billionaire added that he hadn't sold any of his personal bitcoin holdings.