Tesla’s Bitcoin Investment Fell $1 Billion Last Quarter Amid Crypto Market Crash

Tesla's Bitcoin Investment Fell $1 Billion Last Quarter Amid Crypto Market Crash

top line A day after publishing second-quarter earnings, electric car maker Tesla revealed in a public filing Tuesday that the value of its bitcoin holdings fell by more than $1 billion in the last quarter from $2.5 billion at the end of March as the nascent cryptocurrency market nearly rebounded. From a near 40% crash, … Read more