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

Tesla’s SEC Filing Shows Bitcoin Fair Market Value of 1 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 […]

CFTC commissioner urges US crypto policy reforms

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% […]

CFTC commissioner urges US crypto policy reforms

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

Tesla’s Latest Financial Statement Shows Bitcoin Worth .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 […]

CFTC commissioner urges US crypto policy reforms

Tesla’s Bitcoin Stash Now Worth $2.5 Billion, SEC Filing Shows

Tesla’s Bitcoin Stash Now Worth .5 Billion, SEC Filing ShowsTesla’s quarterly filing with the U.S. Securities and Exchange Commission (SEC) shows that the company’s bitcoins are now worth $2.48 billion, a substantial increase from the initial investment of $1.5 billion. This is also after the electric car company sold some bitcoins to “prove liquidity.” SEC Filing Shows Tesla Sitting on Bitcoins Worth $2.48 Billion […]

CFTC commissioner urges US crypto policy reforms

Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency

Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat CurrencyElon Musk’s electric car company, Tesla, has started accepting bitcoin payments. Musk, whose title is now Technoking of Tesla, also confirmed that all “Bitcoin paid to Tesla will be retained as bitcoin, not converted to fiat currency.” Tesla Now Accepts Bitcoin Tesla has begun accepting bitcoin payments. Elon Musk, who recently changed his title from […]

CFTC commissioner urges US crypto policy reforms