As you know Tesla announced its balance sheet on Wednesday last week and bitcoinHe stated that he sold 75% of the .
In documents filed with the SEC today Tesla’s profit from Bitcoin has been announced.
According to this Tesla sold 75% of its assets for $936 million, making a profit of $64 million. It was noted that there was an unrealized loss of $ 170 million in Bitcoins remaining in Tesla’s hands.
Tesla Chief Financial Officer Zach Kirkhorn stated the following about the Bitcoin profit and loss statement:
“We have converted most of our Bitcoin holdings into fiat money for a realized gain.
Considering the impairment in the remainder of our assets, it cost us $106 million according to the Profit and Loss Statement.”
Tesla did not disclose the selling price of Bitcoin in this statement. However, with a rough calculation, it was understood that the sales average of the company was $ 29,000.
Speaking after the balance sheet, Elon Musk answered questions such as the reason for the sale and whether he could buy Bitcoin again.
For details of Elon Musk’s statements, you can read the related news.