Tesla dumps bitcoins ...News

Russia Today - Economy
Tesla dumps bitcoins
source : Russia Today ( News ) () 43
Elon Musk’s electric car company sold off 75% of its Bitcoin holdings Tesla has liquidated roughly three-quarters of its bitcoins, adding $936 million in cash to its balance sheet, according to the company’s latest earnings report released on Wednesday. “As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency,” the company revealed in its financial report. The sell-off “should not be taken as some verdict on Bitcoin,” CEO Elon Musk emphasized during a call with Tesla investors on Wednesday. He explained that the move was required to maximize cash position and increase l

Hence then, the article about tesla dumps bitcoins was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Tesla dumps bitcoins )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
A Higher Bar for Risk: Gimme Credit Examines Indonesia's Shifting Market Narrative
PR Newswire - before 9 hours & 33 minute
1.5 Billion Omani Rials Gains in Muscat Stock Exchange& 039;s Market Value in January
SABA NET - before 6 hours & 46 minute
FM: Egypt gives priority to addressing continental infrastructure finance as Sisi chairs HSGOC
EGYPT INDEPENDENT - before 10 hours & 48 minute
After Years Offline, Trinidad Looks to Indian Oil to Restart Refining
OILPRICE - before 7 hours & 13 minute
Tax List 2026: JK Rowling and Harry Styles feature as billionaire brothers take top spot
INDEPENDENT - before 11 hour & 46 minute
Africa: Barbadian PM Hails GERD As Model for Ending Africa's Energy Poverty
allafrica - before 8 hours & 51 minute
What Happens If the Planet Warms by 2 Degrees Celsius
OILPRICE - before 5 hours & 4 minute
Africa’s Solar Boom Draws New Investment
OILPRICE - before 2 hours & 59 minute
The Key Energy Takeaways From Davos 2026
OILPRICE - before hour & 7 minute


Latest News

The Key Energy Takeaways From Davos 2026

before hour & 7 minute

Africa’s Solar Boom Draws New Investment

before 2 hours & 59 minute

Capstone LLC Releases 2026 Technology, Media & Telecom Outlook: AI Policy Tensions, Platform Regulation, and Digital Assets to Define Investment Landscape

before 4 hours & 37 minute

What Happens If the Planet Warms by 2 Degrees Celsius

before 5 hours & 4 minute

1.5 Billion Omani Rials Gains in Muscat Stock Exchange& 039;s Market Value in January

before 6 hours & 46 minute

After Years Offline, Trinidad Looks to Indian Oil to Restart Refining

before 7 hours & 13 minute

Africa: Barbadian PM Hails GERD As Model for Ending Africa's Energy Poverty

before 8 hours & 51 minute

A Higher Bar for Risk: Gimme Credit Examines Indonesia's Shifting Market Narrative

before 9 hours & 33 minute

Increase in revenues of Chinese public companies in 2025

before 10 hours & 32 minute

FM: Egypt gives priority to addressing continental infrastructure finance as Sisi chairs HSGOC

before 10 hours & 48 minute

For the first time in 50 years, college grads are losing their edge

before 10 hours & 55 minute

Tax List 2026: JK Rowling and Harry Styles feature as billionaire brothers take top spot

before 11 hour & 46 minute

Sanyou Bio's Decade: From an Intelligent Super-Trillion Antibody Library to the "Innovation Hub for Original Drug Discovery"

before 12 hour & 53 minute

Last-minute rush for taxpayers with just hours before self-assessment deadline

before 18 hour & 17 minute

Bybit svela la sua Vision 2026 come "La nuova piattaforma finanziaria", espandendosi oltre l'Exchange e diventando un'infrastruttura finanziaria globale

before 20 hour & 27 minute