In its latest Q4 results report on Jan. 25, Tesla’s financials show it neither bought or sold any of its Bitcoin for the second quarter in a row. This was despite hefty market turmoil in November and December on the collapse of FTX.
The documents show the company holds $184 million in digital assets as of Dec. 31, 2022, down from its $218 million in holdings from the quarter prior due to $34 million of impairment charges as Bitcoin’s price declined between the end of September and December last year.The EV manufacturer also held onto its Bitcoin
Paper hands...
Do you consider the fact that they did not sell $BTC, which they have in the red, as bullish news?
Same do I hold BTC since last year on my Ownr wallet
Ohhhh
Tesla's Q4 profits of $5.7 billion, how much of that can be attributed to their Bitcoin holdings? 🤔 Let's do the math! Tesla cryptoinvestment
What does it mean for the crypto market that a big player like Tesla is holding onto their Bitcoin? 🤔 Join the conversation! Tesla cryptoinvestment
Is Tesla's decision to hold onto their Bitcoin a smart move or a risky one? 🤔 Let's discuss the pros and cons. Tesla cryptoinvestment
Tesla's $34 million loss on their Bitcoin investment in Q4, is it just a small price to pay for holding onto a long-term asset? 🤔 Share your thoughts! Tesla cryptomarket
diamond handed we're so deep in it we're inventing verbs
What about his part of Dogecoin
For now
What does this mean to the entire market?