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Tesla’s Bitcoin Holdings Have Earned the Company $1 Billion in Profit

Tesla’s Bitcoin Holdings Have Earned the Company $1 Billion in Profit



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  1. tldr; Tesla reported a $51 million impairment charge on its Bitcoin holdings last quarter. The company sold $170 million worth of Bitcoin at the end of March. Tesla now holds over $2.67 billion in Bitcoin, an increase of more than a billion dollars since Q1.

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

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