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Tesla Sold 75% of Its Bitcoin — Elon Musk Says ‘We Have Not Sold Any of Our Dogecoin’
21.7.2022
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:...
Breaking: Tesla sold 75% of Bitcoin holdings in Q2
20.7.2022
Elon Musk's electric vehicle maker has offloaded most of its BTC reserves, according to financial statements released on Wednesday
Tesla May Take $460M Impairment Charge on Its Bitcoin Holdings for Q2, Analyst Says
20.7.2022
The value of the electric automakers’ sizable bitcoin holdings fell significantly in the second quarter
Core Scientific sold $167M worth of Bitcoin holdings in June
5.7.2022
The sale left the firm with 1,959 BTC at the end of the second quarter, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31
Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes
30.6.2022
Holdings for unbacked crypto would be limited to 1% of a lender’s capital, under plans put out for consultation Thursday
MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1
3.5.2022
The software firm TKTK
Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin
24.4.2022
The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in bitcoin holdings must be disclosed to shareholders via SEC filings....
Tesla’s Bitcoin Holdings Unchanged in Q1
20.4.2022
TK
Billionaire Bill Miller Has ‘Very Big’ Bitcoin Position — Calls BTC ‘Insurance Against Financial Catastrophe’
12.2.2022
Veteran investor and fund manager Bill Miller says he has “a very big position” in bitcoin and expects to see a lot of institutional adoption this year, particularly among endowments and foundations. “Bitcoin is insurance against financial catastrophe,” he opined. Bill...
Tesla Holding Bitcoin Worth $2 Billion — Sees Crypto as Both Investment and Liquid Alternative to Cash
8.2.2022
Elon 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’s Latest Financial Statement Shows Bitcoin Worth $1.26 Billion
27.1.2022
Elon 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...
Bitcoin holdings of public companies have surged in 2021
3.1.2022
The amount of BTC held by public companies has gained significant market share from that held in spot ETFs since Microstrategy’s “Bitcoin for Corporations” conference during Feb 2021
Microstrategy Buys More Bitcoin, Now Holding 124,391 BTC
31.12.2021
Nasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to eventually reach...
5 Crypto Exchanges Custody 1.6 Million Bitcoin or Close to 8% of the Capped Supply
13.12.2021
As of December 12, around 90% of all the bitcoin that will ever exist is in circulation today, and the top five exchanges hold 1.6 million bitcoin. The bitcoin holdings on Coinbase, Binance, Huobi, Kraken, and Okex combined represent 7.96% of the 21 million bitcoin supply cap. The bitcoin held...
Crypto Flash Crash Prompts El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury
4.12.2021
As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran president Nayib Bukele, the coins were...
MicroStrategy added 9,000 BTC last quarter, its stash is now worth $7 billion
29.10.2021
As of Sept. 30, MicroStrategy held 114,042 BTC at an average purchasing price of $27,713
El Salvador Buys More Bitcoin: 420 BTC Added to Treasury
28.10.2021
El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has bought the dip again. The Salvadoran government has purchased a total of 1,120 bitcoins, currently worth more than $68 million. El Salvador’s Bitcoin Holdings Grow El Salvador has bought the dip again...
Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme
22.10.2021
Tesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The electric car company reported a bitcoin-related impairment of $51 million in the quarter. Meanwhile, CEO Elon Musk tweeted a meme showing the price of bitcoin...
Microstrategy CEO Advises Nigeria and Zimbabwe to Adopt Bitcoin Standard, Says BTC Is ‘Kingmaker’
19.10.2021
Microstrategy CEO Michael Saylor has suggested Nigeria and Zimbabwe issue currencies that are backed by bitcoin if they want to fix their economies. He surmised that using the bitcoin standard will end starvation and allow citizens of both countries to have a decent life. National Currencies Backed...
Bank of Russia to assess Bitcoin holdings volumes as $36M leave banks
15.10.2021
The Bank of Russia remains skeptical on crypto despite the Russian president viewing it as a potential unit of account