A crypto crutch for Tesla? How a 30% Bitcoin rally is propping up a challenging earnings picture
Tesla’s Bitcoin (BTC) holdings are now worth ~$1.2 billion after a 30% BTC price rally in Q2. A new US accounting rule (FASB) now allows Tesla to report the fair…
Arkham: Tesla still owns $780m in Bitcoin following wallet movement
Tesla has split the 11,509 Bitcoin across seven wallets Arkham Intelligence said some have speculated that the move was to a crypto custodian Tesla remains the third largest publicly traded…
Elon Musk’s Tesla transfers Bitcoin worth $770M to new addresses
Tesla relocated 11,509 bitcoins, valued at $770 million, to new addresses. This marks Tesla’s first Bitcoin transaction since selling most holdings in 2022. Tesla remains the third-largest Bitcoin holder among…
Tesla lost $140 million on its Bitcoin in 2022
Tesla recorded gains of $64 million and impairment loss of $204 million. The company has revealed it sold 75% of its Bitcoin holdings, and held BTC worth about $184 million…
BC.GAME’s World Cup Carnival Offers $2.1M and a Tesla in Prizes
Willemstad, Curaçao, 18th November, 2022, Chainwire To mark the FIFA World Cup 2022, online gaming platform BC.GAME is offering multi-million dollar prizes via its Coco’s Carnival portal. Crypto Casino BC.GAME…