Tag: tesla bitcoin purchase

Feb 07 2022

Tesla Suffers $101 Million Impairment Losses on Bitcoin Holdings in 2021

Tesla, the electric car maker, revealed that it suffered a loss of around $101 million of impairment losses from changes in the value of its bitcoin holdings in 2021....

Apr 28 2021

Japanese Gaming Giant Nexon Buys $100 Million Worth of Bitcoin (BTC) From Reserve Cash

Apr 28 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Over the last week, Bitcoin (BTC) has been through major volatility with its price tanking below $48,000 last Friday. However, this hasn't stopped big corporations from putting their excess reserve cash into the...

Mar 26 2021

Ark Investment’s Cathie Wood Cautions Investors On Buying Tesla With Bitcoin (BTC)

Earlier this week, Tesla CEO Elon Musk announced that the company has started accepting Bitcoin payments against...

Feb 19 2021

Tesla CEO Elon Musk Calls Bitcoin (BTC) “Almost” As BS As Fiat Currency

Feb 19 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Ten-days after automobile giant Tesla announced its $1.5 billion Bitcoin (BTC) purchase, company CEO Elon Musk has put out some criticism against Bitcoin (BTC). "Bitcoin is almost as bs as fiat money. The key word is “almost”," he said. Elon Musk's comments came responding to a Bloomberg post. The Bloomberg article shares Binance CEO Changpeng The post Tesla CEO Elon Musk Calls Bitcoin...

Feb 15 2021

Japanese Financial Giant SBI Holdings Seeks Crypto Joint Ventures With Foreign Financial Firms

In an aggressive push to expanding its business and establishing a strong footing in the crypto space, Japanese financial giant SBI Holdings is seeking to form cryptocurrency joint ventures with some of the top foreign financial firms. SBI Holdings has, as such been an advocate of crypto developments and is also a close partner with The post Japanese Financial Giant SBI Holdings Seeks...

Feb 10 2021

As Bitcoin (BTC) Tops $48,000 Long Term Holders Resolve to Profit Booking

On Tuesday, February 9, Bitcoin (BTC) price surged all the way to $48,000 hitting its new all-time high. The BTC price surged more than 20% in a single day after Tesla...

Feb 09 2021

Bitcoin (BTC) Tops $47,500, Will Tesla’s Entry Spark Massive Corporate Adoption?

Tesla's announcement of its $1.5 billion Bitcoin (BTC) purchase has sparked a...

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