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Nalezeno "Q2 Earnings": 420

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


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...

El Salvador to Add More Geothermal Energy Sources to Power Bitcoin City


The president of El Salvador, Nayib Bukele, has confirmed that the country is making investments to secure a geothermal power source for the construction and operation of the upcoming Bitcoin City, which will be financed with the earnings of the so-called “volcano bonds.” Bukele...

PayPal Q3 Earnings – How Crypto Adds Up


PayPal has long been a big player in the world of online payments. This year was going to be an interesting one for the company, though, with many people heading back to work or traveling and the recent launch of their new cryptocurrency service. Now that the third-quarter earnings report has been...

Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report


Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While...

Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme


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...

AMC to Accept Bitcoin for Movie Tickets and Concessions by End of 2021


AMC Entertainment Holdings, Inc., plans to accept bitcoin by the end of 2021 according to CEO Adam Aron on an earnings call on Monday. Aron said the movie theater chain will start accepting the leading crypto asset once the company has information technology (IT) systems in place. AMC Plans...

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