in

Elon Musk’s Tesla is already $1 billion in profit from holding Bitcoin

Elon Musk’s Tesla is already $1 billion in profit from holding Bitcoin



View Reddit by C4-POView Source

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

18 Comments

  1. tldr; Tesla’s net profits from its Bitcoin holdings came out to be as much as its income from Q2. Tesla reported $1.14 billion in net profit for Q2, the first time it ever crossed the $1-billion mark. Tesla currently holds roughly 43,200 BTC, worth roughly $2.5 billion at today’s prices.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. From the look of things and according to analysis in the crypto space. This period the perfect time to buy the dip and accumulate irrespective of the bulls being under pressure. Bitcoin moving up is inevitable and would see the price of bitcoin surpass its all-time highs.

What do you think?

Mid Post Ads

Crypto Eats enters with sights set on the $16.6 Food Delivery App Market

Buying a giftcard with btc