Tesla Announced How Much Money Loss From Bitcoin

Billionaire businessman Elon Musk’s approach to cryptocurrencies is obvious. Its a big is a DOGE whale in an already known fact. Moreover, it is not only Elon Musk; The companies under Musk are also looking at cryptocurrencies. For example; tesla. It is an already known fact that the company has a significant amount of Bitcoin (BTC) in its hands. However, Tesla has Lost due to BTCs.

Presenting a series of documents to the United States Securities and Exchange Commission (SEC), Tesla also gave details about the cryptocurrencies he owns in these documents. Looking at the document, the value of Bitcoins held by the company $204 million We see it losing value. Cryptocurrency trading, however, also brought the company $60 million. When we put all these together; Because of Tesla’s Bitcoin $144 million net loss We reach the conclusion that

How much Bitcoin does Tesla have?

Tesla bought $1.5 billion worth of Bitcoin in 2021. The company back then, Bitcoin’s good investment tool he thought it was. Tesla, which sold 10 percent of it in the next period, managed to turn the crypto money markets upside down with the statements made by Elon Musk. So much so that Musk announced that Tesla will allow car purchases and sales with Bitcoin. There has even been action on it. However, days later, Musk, who made a new statement, said that Bitcoin arguing that he is not an environmentalistshe relinquished her decision.

When we came to 2022, a general decline started in the crypto money markets. As such, another 75 percent of the BTC in hand was sold. As a result of all these sales, Tesla’s pocket $184 million Bitcoin is gone. The company’s future process related to cryptocurrencies how to make decisions we will see together.