Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million

Tesla's SEC Filing Shows Bitcoin Fair Market Value of $191 MillionTesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment losses resulting from changes in the prices of bitcoin. Tesla’s Digital Assets […]

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Tesla’s Q4 Balance Sheet Shows Bitcoin Holdings Worth $184 Million

Tesla's Q4 Balance Sheet Shows Bitcoin Holdings Worth $184 MillionTesla’s latest balance sheet shows the company’s bitcoin holdings worth $184 million. Tesla did not sell any digital assets in the fourth quarter of 2022 despite the crypto winter and contagion in the crypto ecosystem. Tesla’s Digital Assets Valued at $184 Million Tesla Inc. (Nasdaq: TSLA) released its earnings results for Q4 2022 on Wednesday. […]

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Tesla Still Holding $218M in Bitcoin — Elon Musk Expects Company to Be Worth More Than Apple and Saudi Aramco Combined

Tesla Still Holding $218M in Bitcoin — Elon Musk Expects Company to Be Worth More Than Apple and Saudi Aramco CombinedTesla’s third-quarter balance sheet shows that the electric car company is still holding $218 million in bitcoin. CEO Elon Musk claims that Tesla could be worth more than Apple and Saudi Aramco combined. The executive is also “excited” about acquiring Twitter. Tesla Still Holds $218 Million in Bitcoin Tesla Inc. (Nasdaq: TSLA) released its third-quarter […]

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Tesla Reveals Bitcoin Holdings Worth $222 Million in Latest SEC Filing

Tesla Reveals Bitcoin Holdings Worth $222 Million in Latest SEC FilingTesla has revealed that it is still holding bitcoin worth $222 million in market value after selling 75% of its crypto holdings. The company recorded realized gains of $64 million on its recent bitcoin conversion into fiat currency. Tesla Realizes Gains of $64 Million From Bitcoin Sale Tesla Inc. filed its second-quarter report with the […]

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Tesla Sold 75% of Its Bitcoin — Elon Musk Says ‘We Have Not Sold Any of Our Dogecoin’

Tesla Sold 75% of Its Bitcoin — Elon Musk Says 'We Have Not Sold Any of Our Dogecoin'Tesla has converted approximately 75% of its bitcoin into fiat currency. The cryptocurrency sales left the electric car company holding digital assets worth $218 million. “We are certainly open to increasing our bitcoin holdings in the future,” Tesla CEO Elon Musk said, adding: “We have not sold any of our dogecoin.” Tesla Sold About 75% […]

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Elon Musk Discusses Crypto Investing, Dogecoin Support, ‘Unresolved’ Twitter Issues, and Near-Term Recession

Elon Musk Discusses Crypto Investing, Dogecoin Support, 'Unresolved' Twitter Issues, and Near-Term RecessionTesla and Spacex CEO Elon Musk has shared his views on a variety of topics, including crypto investing, why he supports the meme cryptocurrency dogecoin, “unresolved matters” in his Twitter takeover bid, and the likelihood of a near-term U.S. recession. Elon Musk on Crypto Investing Tesla CEO Elon Musk shared his thoughts on a wide […]

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Tesla Holding Bitcoin Worth $2 Billion — Sees Crypto as Both Investment and Liquid Alternative to Cash

Tesla Holding Bitcoin Worth $2 Billion — Sees Crypto as Both Investment and Liquid Alternative to CashElon Musk’s electric car company, Tesla, has filed an annual report with the U.S. Securities and Exchange Commission (SEC) showing bitcoin holdings with a fair value of almost $2 billion at the end of December. The company sees crypto as both an investment and liquid alternative to cash. Tesla Has $2 Billion in Bitcoin Tesla […]

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Tesla’s Latest Financial Statement Shows Bitcoin Worth $1.26 Billion

Tesla's Latest Financial Statement Shows Bitcoin Worth $1.26 BillionElon Musk’s electric car company, Tesla, did not sell any bitcoin in the fourth quarter, according to the company’s latest financial statement. Tesla is holding bitcoin worth $1.26 billion. The company still has not resumed accepting bitcoin payments but now accepts the meme cryptocurrency dogecoin (DOGE) for some merchandise. Tesla Did Not Sell Bitcoin in […]

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Dogecoin Soars After Elon Musk Announces Tesla Will Accept DOGE

Dogecoin Soars After Elon Musk Says Tesla Will Accept DOGEDogecoin got a boost Tuesday morning when Elon Musk announced that Tesla will be accepting dogecoin for some products. Musk has just been named Time Magazine’s Person of the Year and said that DOGE is more suitable for transactions than bitcoin. Tesla Will Begin Accepting Dogecoin Tesla CEO Elon Musk has announced via Twitter that […]

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