tesla crypto – DIGIT INFO

Tesla’s diamond hands: EV maker’s Bitcoin holdings see no change in Q2

DIGIT — Thu, 20 Jul 2023 01:25:21 +0000

After purchasing $1.5 billion worth of Bitcoin in 2021, Tesla sold 75% of it in 2022 and is now hanging onto its remaining $184 million Bitcoin stash.

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

DIGIT — Wed, 01 Feb 2023 08:49:57 +0000

Tesla’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

DIGIT — Thu, 26 Jan 2023 15:00:19 +0000

Tesla’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

DIGIT — Thu, 20 Oct 2022 13:30:43 +0000

Tesla’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

DIGIT — Mon, 25 Jul 2022 23:30:17 +0000

Tesla 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 Hodls Bitcoin: Balance Sheet Shows $1.26B in Digital Assets

DIGIT — Fri, 22 Apr 2022 01:30:16 +0000

Elon Musk’s electric car company, Tesla, is hodling bitcoin. The company’s balance sheet shows $1.261 billion in digital assets. Tesla has neither purchased nor sold any crypto assets since the first quarter of last year. Tesla Continues to Hodl Bitcoin Tesla released its earnings results for the first quarter of 2022 Wednesday. Elon Musk’s electric […]

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Tesla Informs SEC It May Restart Transacting in Cryptocurrencies

DIGIT — Wed, 27 Oct 2021 02:00:57 +0000

Elon Musk’s electric car company, Tesla, has informed the U.S. Securities and Exchange Commission (SEC) in a quarterly filing that it may restart the practice of transacting in cryptocurrencies for its products and services. Tesla suspended accepting bitcoin in May, citing environmental concerns. Tesla May Resume Accepting Bitcoin, SEC Filing Shows Tesla Inc. filed a […]

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NYU Professor Says Elon Musk Is Attracting Regulators to Crypto — Regulatory Action Expected in 30 Days

DIGIT — Sun, 23 May 2021 00:00:11 +0000

NYU Professor Scott Galloway says that Tesla CEO Elon Musk is drawing additional scrutiny and regulators to the crypto space. He expects the U.S. Securities and Exchange Commission (SEC) to respond to Musk’s action in the next 30 days. Furthermore, the professor expects to see a Musk coin or a Tesla coin launching soon. Elon […]

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Elon Musk Could Face SEC Investigation Over Tesla’s Bitcoin Buy, Lawyers Warn

DIGIT — Sat, 13 Feb 2021 23:35:41 +0000

The U.S. Securities and Exchange Commission (SEC) could investigate Elon Musk over Tesla’s $1.5 billion bitcoin purchase, some legal experts have warned, including a former SEC enforcement officer. Given the timing of Tesla’s bitcoin purchase and Musk’s multiple tweets on the subject, some say that the SEC will look into the matter. Elon Musk Could […]

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