Is Elon Musk Selling 10% Of Telsa's Bitcoin A Sign? : Elon Musk Confirms Tesla Sold 10 Percent Of Its Bitcoin For A Huge Profit : 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.. Would stop accepting the cryptocurrency as payment for its cars. Follow us @crypto for our full coverage. I wrote back in february: In the report, which expectedly created a commotion on bitcoin twitter, musk reveals that tesla sold 10% of its bitcoin holdings. Elon musk says tesla's sale of its 10% bitcoin holdings was to prove the liquidity benefits of bitcoin,.
In reality, musk is simply using bitcoin to promote tesla. Tesla announces that bitcoin is good now and that it bought some. The jury is still out as to whether that was a prudent move. But some liquidity it is. Sold 10% of its bitcoin holdings to demonstrate the token's liquidity, while adding that he's retained his personal investment in.
Elon Musk S Tesla Buys 1 5bn Of Bitcoin Causing Currency To Spike Bbc News from ichef.bbci.co.uk A funny thing for elon musk to do would be: Bitcoin fell from $64,000 to under $50,000 in the past. Tesla tesla's winning bitcoin bet. Bitcoin has since gone up massively, partly due to tesla's entry. I have not sold any of my bitcoin. — elon musk (@elonmusk) april 26, 2021. On sunday, tesla inc (nasdaq: A lump sum in profit for the electric vehicle company.
Recall that tesla revealed its q1 earnings report on the 26th of april.
Tesla had announced it was accepting btc for car payments starting in. Bitcoin fell from $64,000 to under $50,000 in the past. Tesla sent shockwaves throughout the financial world when it initially announced in february that it had purchased $1.5 billion in btc. Reacting to news that tesla (nasdaq:tsla) sold 10% of its bitcoin in q1 (for a $101m profit), dave portnoy takes to twitter, lambasting elon musk for what he sees as a pump and dump scheme. Just don't be last 1 hodling the bag, portnoy tweeted. The billionaire added he hasn't sold any of his personal bitcoin holdings. Tesla sold 10% of its holdings essentially to prove liquidity of btc as an alternative to. Tesla has 💎 🙌 — elon musk (@elonmusk) may 19, 2021 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. 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. Tesla sold some of its bitcoin stash in the first quarter for $272 million in proceeds. Follow us @crypto for our full coverage. Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull.
Listen i own 1 btc but bitcoin is exactly who we thought it was. Sold 10% of its bitcoin holdings to demonstrate the token's liquidity, while adding that he's retained his personal investment in. Elon musk says tesla's sale of its 10% bitcoin holdings was to prove the liquidity benefits of bitcoin,. Tesla sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet. The billionaire added that he hadn't sold any of his personal bitcoin holdings.
Electric Vehicle Checkpoint Tesla Gets Boost From Bitcoin Thestreet from www.thestreet.com I have not sold any of my bitcoin. Then he dumps it and makes a fortune. I have not sold any of my bitcoin. Bitcoin has since gone up massively, partly due to tesla's entry. The result of this sale? Elon musk says tesla's sale of its 10% bitcoin holdings was to prove the liquidity benefits of bitcoin,. Tesla has suspended accepting bitcoin for vehicle purchases, ceo elon musk has announced. I have not sold any of my bitcoin.
Elon musk said tesla sold 10% of its bitcoin holdings to show that it's a good alternative to cash.
Is tesla buying bitcoin a sign the currency is becoming mainstream this is money from i.dailymail.co.uk owing to the $101 million gain it reported from selling 10% of its. Just don't be last 1 hodling the bag, portnoy tweeted. The result of this sale? The company notes that it made a profit of $101 million from the investment from selling roughly 10% of its holdings. But some liquidity it is. Bitcoin price popped back above $50,000 in asian trade on thursday, clawing back some of the 17% plunge that followed elon musk's tweet that tesla inc. The sale trimmed tesla's position by 10%, tesla cfo zach kirkhorn said on an earnings call monday. Tesla has 💎 🙌 — elon musk (@elonmusk) may 19, 2021 Musk took some blowback from investors for betting tesla's cash hoard on bitcoin. The billionaire added that he hadn't sold any of his personal bitcoin holdings. Bitcoin has since gone up massively, partly due to tesla's entry. Tesla sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet. Tesla announces that bitcoin is good now and that it bought some.
The company notes that it made a profit of $101 million from the investment from selling roughly 10% of its holdings. Elon musk said tesla inc. 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. In the latest sign of growing unease over the digital asset's energy usage.the ban is effective.
Tesla S Biggest Profit Driver Could Be Drying Up from specials-images.forbesimg.com I have not sold any of my bitcoin. A lump sum in profit for the electric vehicle company. Bitcoin plummeted by 10 percent on thursday after tesla ceo elon musk announced that the electric car company will no longer accept the the world's most popular cryptocurrency for car payments,. Tesla sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet. 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. Follow us @crypto for our full coverage. Elon musk said tesla sold 10% of its bitcoin holdings to show that it's a good alternative to cash. Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull.
The result of this sale?
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. In the latest sign of growing unease over the digital asset's energy usage.the ban is effective. Would stop accepting the cryptocurrency as payment for its cars. Tesla sold 10% of its holdings essentially to prove liquidity of btc as an alternative to. Tesla announces that bitcoin is good now and that it bought some. Listen i own 1 btc but bitcoin is exactly who we thought it was. The company notes that it made a profit of $101 million from the investment from selling roughly 10% of its holdings. In reality, musk is simply using bitcoin to promote tesla. Elon musk says tesla not selling bitcoin despite huge crypto crash. On sunday, tesla inc (nasdaq: Bitcoin has since gone up massively, partly due to tesla's entry. Tesla sold some of its bitcoin stash in the first quarter for $272 million in proceeds.
