Is Elon Musk Selling 10% Of Telsa's Bitcoin A Sign? / Elon Musk Says Tesla Sold Bitcoin To Prove Liquidity As Cash Alternative Business Standard News - According to tesla ceo elon musk, the company sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet. no, you do not.. Elon musk said tesla inc. Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull. Elon musk confirms tesla sold 10 percent of its bitcoin for a huge profit. Recall that tesla revealed its q1 earnings report on the 26th of april. — elon musk (@elonmusk) april 26, 2021
According to the tweet, musk has not sold any of his bitcoin yet. Elon musk's tesla made more than $100 million by investing in bitcoin earlier this year. Tesla tesla's winning bitcoin bet. The sale trimmed tesla's position by 10%, tesla cfo zach kirkhorn said on an earnings call monday. Elon musk stated, i have not sold any of my bitcoin.
Yet the electric carmaker's backing of bitcoin this week could turbocharge global use of a currency that's estimated to. The jury is still out as to whether that was a prudent move. Tesla sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet.. A funny thing for elon musk to do would be: Tesla claims to have raked in a handsome aud $130+ million profit thanks to its recent aud $1.93 billion bitcoin investment. Elon musk said tesla sold 10% of its bitcoin holdings to show it's a good alternative to cash. I have not sold any of my bitcoin. Elon musk confirms tesla sold 10 percent of its bitcoin for a huge profit.
The company notes that it made a profit of $101 million from the investment from selling roughly 10% of its holdings.
The billionaire added that he hadn't sold any of his personal bitcoin holdings. Tesla claims to have raked in a handsome aud $130+ million profit thanks to its recent aud $1.93 billion bitcoin investment. Elon musk said tesla sold 10% of its bitcoin holdings to show that it's a good alternative to cash. Bitcoin has surged by as much as 10% over the course of the last 24 hours Tesla seems to be selling around $56,000, and buying $33,500, gaining. The billionaire added he hasn't sold any of his personal bitcoin holdings. According to the tweet, musk has not sold any of his bitcoin yet. Elon musk said tesla sold 10% of its bitcoin holdings to show it's a good alternative to cash. By joanna ossinger elon musk said tesla inc. Tesla sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet. In the report, which expectedly created a commotion on bitcoin twitter, musk reveals that tesla sold 10% of its bitcoin holdings. Bitcoin has since gone up massively, partly due to tesla's entry. In its q1 2021 earnings call on april 26, the electric car maker said that in march it sold off $272 million worth of the $1.5 billion in bitcoin it bought earlier this year.
Sold 10% of its bitcoin holdings to demonstrate the token's liquidity, while adding that he's retained his personal investment in. According to the tweet, musk has not sold any of his bitcoin yet. According to the slide deck, selling bitcoin helped them make a $101 million positive impact. no, you do not. Brown/getty images elon musk said tesla sold 10% of its bitcoin holdings to show it's a good alternative to cash. I have not sold any of my bitcoin.
It's always fun to read the comments! Tesla booked a $101 million profit selling 10% of its holdings. I have not sold any of my bitcoin. Tesla sent shockwaves across the world in february after disclosing that it had bought $1.5 billion worth of bitcoin with some of its excess cash. — elon musk (@elonmusk) april 26, 2021 Tesla sold some of its bitcoin stash in the first quarter for $272 million in proceeds. Bitcoin has surged by as much as 10% over the course of the last 24 hours American electric vehicle manufacturer tesla sold some of its bitcoin holdings in the first quarter of 2021, generating $272 million in proceeds and a $101 million positive impact, according to the company's earnings call on monday.
In reality, musk is simply using bitcoin to promote tesla.
Tesla sold some of its bitcoin stash in the first quarter for $272 million in proceeds. Some crypto bulls think tesla's bitcoin stake means elon musk is a crypto bull. I have not sold any of my bitcoin. The company notes that it made a profit of $101 million from the investment from selling roughly 10% of its holdings. By joanna ossinger elon musk said tesla inc. The billionaire added he hasn't sold any of his personal bitcoin holdings. — elon musk (@elonmusk) april 26, 2021 Then he dumps it and makes a fortune, dave portnoy said in a tweet. On monday, barstool sports founder dave portnoy questioned tesla's bitcoin sale on twitter, saying that musk pumps up bitcoin after buying it and then makes a fortune by selling it later at a higher price. Not only has bitcoin hit an all time high, so did tesla this past quarter. Tesla sent shockwaves across the world in february after disclosing that it had bought $1.5 billion worth of bitcoin with some of its excess cash. Tesla announces that bitcoin is good now and that it bought some. Elon musk's tesla made more than $100 million by investing in bitcoin earlier this year.
On monday, barstool sports founder dave portnoy questioned tesla's bitcoin sale on twitter, saying that musk pumps up bitcoin after buying it and then makes a fortune by selling it later at a higher price. Then he dumps it and makes a fortune, dave portnoy said in a tweet. — elon musk (@elonmusk) april 26, 2021 Tesla sold some of its bitcoin stash in the first quarter for $272 million in proceeds. Sold 10% of its bitcoin holdings to demonstrate the token's liquidity, while adding that he's retained his personal investment in the cryptocurrency.
In reality, musk is simply using bitcoin to promote tesla. I wrote back in february: Sold 10% of its bitcoin holdings to demonstrate the token's liquidity, while adding that he's retained his personal investment in the cryptocurrency. Source for this response is found here. Sold 10% of its bitcoin holdings to demonstrate the token's liquidity, while adding that he's retained his personal investment in. According to the tweet, musk has not sold any of his bitcoin yet. The company notes that it made a profit of $101 million from the investment from selling roughly 10% of its holdings. By joanna ossinger elon musk said tesla inc.
Recall that tesla revealed its q1 earnings report on the 26th of april.
Sold 10% of its bitcoin holdings to demonstrate the token's liquidity, while adding that he's retained his personal investment in the cryptocurrency. The company notes that it made a profit of $101 million from the investment from selling roughly 10% of its holdings. Tesla tesla's winning bitcoin bet. In its q1 2021 earnings call on april 26, the electric car maker said that in march it sold off $272 million worth of the $1.5 billion in bitcoin it bought earlier this year. A lump sum in profit for the electric vehicle company. Tesla sent shockwaves throughout the financial world when it initially announced in february that it had purchased $1.5 billion in btc. Tesla sold some of its bitcoin stash in the first quarter for $272 million in proceeds. I have not sold any of my bitcoin. The billionaire added he hasn't sold any of his personal bitcoin holdings. I have not sold any of my bitcoin. Tesla sold some of its bitcoin stash in the first quarter for $272 million in proceeds. Tesla seems to be selling around $56,000, and buying $33,500, gaining. Tesla announces that bitcoin is good now and that it bought some.