Accounting Rules Make the Outcome of Tesla’s Bitcoin Sale Unclear
After the car maker sold 75% of its bitcoin, Twitter piled on the company for losing money on the sale even though it didn’t.
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Jul 24, 2022 at 2:50 p.m. UTC
Jul 24, 2022
tesla
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Crypto News Roundup for July 22, 2022
With bitcoin pushing back toward $24K as ether extends its extraordinary rally, plus a look at tokenized carbon credits, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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Jul 22, 2022 at 6:55 p.m. UTC
Jul 22, 2022
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Does Crypto Still Care About Elon Musk?
Tesla’s initial BTC purchase contributed to a wild, two-year price climb. But markets were unphased after the car company offloaded most of its bitcoin.
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Jul 22, 2022 at 5:20 p.m. UTC
Jul 22, 2022
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First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading
The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of BTC suggests the company wasn’t all that committed to the asset.
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Jul 22, 2022 at 12:15 a.m. UTC
Jul 22, 2022
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What Tesla’s Big Bitcoin Sale Means for Other Firms Putting Crypto on Their Balance Sheets
Corporations are likely to remain cautious on adding bitcoin to their treasuries, but not because of Tesla’s move.
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Jul 21, 2022 at 8:28 p.m. UTC
Jul 21, 2022
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First Mover Americas: ECB (Finally) Exits Negative Rates as Bitcoin Digests Tesla Sales
The latest price moves in crypto markets in context for July 21, 2022.
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Jul 21, 2022 at 1:54 p.m. UTC
Jul 21, 2022
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Tesla's Musk Remains Open to Buying More Bitcoin After Selling in Q2 to Raise Cash
The CEO said the EV company could add to its position again in the future but now he wants to boost its cash position.
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Jul 20, 2022 at 10:21 p.m. UTC
Jul 20, 2022
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Tesla Sold $936M Worth of Bitcoin in Second Quarter
The price of bitcoin fell about 1.7% following the news but regained its losses after CEO Elon Musk said Tesla was open to boosting its bitcoin exposure in the future.
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Jul 20, 2022 at 8:17 p.m. UTC
Jul 20, 2022
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Tesla May Take $460M Impairment Charge on Its Bitcoin Holdings for Q2, Analyst Says
The cryptocurrency's price fell significantly during the quarter.
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Jul 20, 2022 at 4:54 p.m. UTC
Jul 20, 2022
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Crypto Layoffs Gain Steam as Tesla Reportedly to Cut Jobs
The most valuable crypto stories for Friday, June 3, 2022.
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Jun 4, 2022 at 2:48 a.m. UTC
Jun 4, 2022