Tesla’s Q2 2022 financial results will be impacted by an estimated $440 million impairment on its Bitcoin holdings, a cryptocurrency that the company invested $1.5 billion into in 2021. After reaching an all-time high above […]
As per a report on CNBC, Siraj Raval is one of the latest Tesla owners to use the vehicle as a conduit to mine for cryptocurrencies. Raval is running free mining software on his Apple […]
On the Q1 Tesla Earnings call on April 26, Elon Musk confirmed the company sold 10% of their bitcoin holdings. The 10% sale made the company $272 million per the Q1 financial release. Musk noted […]
Early Monday morning, Tesla announced that the company had bought 1.5 billion in Bitcoin. In a regulatory filing the company said it will accept Bitcoin payments “subject to applicable laws and initially on a limited […]
