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At the beginning of this week, it became known that the American company Tesla sold the lion's share of bitcoins. The electric car manufacturer announced its investment in BTC last winter. From the financial statements for the second quarter of 2022, it follows that the company sold 75% of...
The second quarter of 2022 was tough for the electric car producer Tesla, which reported a drop in profit after a previous shutdown of its Shanghai factory. Tesla reported that at the end of Q2, they converted about 75% of the Bitcoin purchases into fiat. Reports show that Tesla's second-quarter...
Electric car maker Tesla released financial statements last Wednesday. It follows from it that the company's reserves in bitcoin for the second quarter in a row did not change and amounted to $1.26 billion. Recall that in February last year, Tesla announced its investment in BTC. The giant sent...
Leading blockchain infrastructure builder Blockstream and financial services provider Block (previously Square) will build a facility in Texas for mining Bitcoin using Tesla's solar and storage technology. Adam Back, Blockstream's co-founder, and CEO unveiled the news at Bitcoin 2022. Together with...
Electric vehicle company Tesla started accepting Dogecoin for merch as Elon Musk tweeted today. Tesla merch buyable with Dogecoin— Elon Musk (@elonmusk) January 14, 2022 ...
San Francisco resident Siraj Raval uses his 2018 Tesla Model 3 to mine Ethereum cryptocurrency. According to the crypto enthusiast, he launched free mining software on an Apple Mac mini M1 computer by connecting it to the car's center console. Five graphics cards are powered by a Tesla battery....
In winter, it became known that Tesla had invested $ 1.5 billion in bitcoin. At the same time, the electric car manufacturer began accepting payments in cryptocurrency and allowed an increase in capital investments in BTC. However, in the spring, the giant suspended accepting bitcoins, and Tesla...
American electric car producer Tesla presented a report on the results of the second quarter of 2021. The paper indicates new highs with a net income of $1.14 B. The firm also stated a Bitcoin-caused impairment loss of $23 million as at the time of purchase the price of the coin was higher than...
In a recent Tweet, Tesla CEO Elon Musk said the company will allow Bitcoin payments again when the mining of the coin becomes more environmentally friendly and uses approximately 50% renewable energy. Following Musk's announcement that Tesla no longer accepts BTC payments in May, a lot of people...
The founder of the SkyBridge Capital investment company Anthony Scaramucci divined that in the coming year one of Elon Musk's companies will enter the market of environmentally friendly cryptocurrency mining. “Elon is not a man of half measures. I predict he will revolutionize the bitcoin mining...
Today, May 13, Tesla CEO Elon Musk informed that the company is no longer allowing payments in Bitcoin. In the tweet posted by Musk, he mentioned that the reason is BTC's using a large amount of energy which is bad for the surroundings. When the coin starts using more environment-friendly energy,...
Elon Musk made a post on Twitter asking if users would like Tesla to receive payments in Dogecoin. Do you want Tesla to accept Doge?— Elon Musk (@elonmusk) May 11, 2021 Is he revealing the payment updates this way? Will find it out tomorrow when the poll...
On Monday electronic car company Tesla reported its financial results for the first quarter of this year. It became known that the business owned by Elon Musk sold 10% of its $1.5 Billion worth of Bitcoin holdings acquired in February. The report stated that Tesla holds and may invest in digital...
Trading network for cryptocurrencies, Binance has released non-commission, exchangeable stock tokens starting with Tesla. Operations for TSLA/BUSD started at 13:35 UTC on April 12, 2021. The tokens introduce Tesla's shares and customers will be able to swap them on the platform. There is also an...
Tesla pointed out a vulnerability in the code of the BTCPay Server processing service. The developers have released an update and expressed gratitude for the assistance. BTCPay founder Nicholas Dorier said that Tesla contacted the developers after conducting an audit. The service representatives...
On Wednesday, March 24, the cryptocurrency market returned to growth. Following bitcoin, almost all the largest altcoins began to gain value. The BTC rate has grown, and the cryptocurrency capitalization now exceeds $ 1.047 trillion. Of the top ten, Litecoin (LTC) and ChainLink (LINK) show the best...
Today, March 24 Tesla CEO Elon Musk announced via Twitter that now it is possible to acquire electronic cars paying in Bitcoin. The business magnate pinned the news on his account. You can now buy a Tesla with Bitcoin— Elon Musk (@elonmusk) March 24, 2021 ...
Microsoft founder Bill Gates in an interview commented on Tesla's investment in bitcoin. Presenter Emily Chang noted that Tesla could make more returns on its Bitcoin investment than it does from selling electric vehicles throughout 2020. When Gates was asked about the potential impact of tweets...
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