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3232Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm’s Shares Down 30% Since Buying
https://www.digit.info/critics-claim-tesla-should-sell-bitcoin-position-electric-vehicle-firms-shares-down-30-since-buying/
Mon, 08 Mar 2021 03:00:51 +0000https://www.digit.info/2021/03/08/critics-claim-tesla-should-sell-bitcoin-position-electric-vehicle-firms-shares-down-30-since-buying/Read more]]>Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would sell the bitcoin. Additionally, the shares of Microstrategy’s firm have also […]
]]>Tesla Has $1.5 Billion Worth of Bitcoin on Its Balance Sheet, Plans to Accept BTC for Products
https://www.digit.info/tesla-has-1-5-billion-worth-of-bitcoin-on-its-balance-sheet-plans-to-accept-btc-for-products/
Mon, 08 Feb 2021 14:20:34 +0000https://www.digit.info/2021/02/08/tesla-has-1-5-billion-worth-of-bitcoin-on-its-balance-sheet-plans-to-accept-btc-for-products/Read more]]>The publicly listed firm Tesla has announced in a Securities and Exchange Commission (SEC) Form 10-k filing that the company has purchased $1.5 billion worth of bitcoin. When the news broke, the price of the leading crypto asset jumped well over 15%, touching a new all-time price high at $44,899 per coin. Tesla, the American […]