to Dogecoin known for his support of Bitcoin and Ethereum an investor Elon Musk‘s company Tesla will announce its first quarter earnings report for 2023 today.
What Time Will Tesla Announce Its Balance Sheet?
Tesla is expected to announce its balance sheet at 23:00 today, just after the markets close.
Did Tesla Sell or Buy Bitcoin?
Tesla is valued at $963 million, up from $29,000 in its earnings report on July 20, 2022. bitcoin announced that he was selling it. The company decided to sell 75% of its BTCs and keep 25%, and did not report any purchases or sales in the subsequent balance sheet statements.
In this after-sales statement, Tesla CEO Elon Musk said:
“Due to the uncertainty about the lockdowns in China, we sold our Bitcoins.
We are open to buying more Bitcoins in the future.
We have never sold Dogecoins.”
Tesla, who sold his Bitcoins at $29,000, later took the opportunity to buy them at a 50% discount, as the price fell by $15500. If Tesla has made any BTC purchases below $20,000, we will see that in today’s report.
Elon Musk’s future bitcoin Was the welcome to purchase statement just about price or will it wait until energy concerns are passed? Unknown. In fact, today’s balance sheet results will also answer whether Tesla’s Bitcoin sale was just due to price concerns.
Too much in hand after last sale BTC Tesla is not thought to sell them.
Last minute developments and Tesla’s bitcoin us to find out if twitterDon’t forget to follow.
You can read related news for Tesla’s Bitcoin sale in July and Elon Musk’s statements.
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