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Tesla sells majority of bitcoin after turbulent crypto foray

Tesla said Wednesday its digital assets have shrunk to $218 million, and that a Bitcoin impairment hurt second-quarter profitability.

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Tesla s Q2 2022: Sells 75% of Bitcoin, Musk Says Not the Blockchain s Fault—Profit Declines

Tesla lets go of almost a billion of its Bitcoin holdings already, no more HODL. Tesla's Q2 2022 report and investors' call already happened, and there is massive news from the company regarding this quarter, especially for the Bitcoin holdings it originally purchased.

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Tesla sells 75 per cent of its Bitcoin as profits slump in crypto U-turn for Elon Musk

Tesla sells 75 per cent of its Bitcoin as profits slump in crypto U-turn for Elon Musk
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Tesla sold most of its Bitcoin to shore up liquidity

Tesla had converted roughly 75% of its Bitcoin to fiat currency as of the end of June, adding $936 million of cash to its balance sheet.

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Musk takes U-turn, sells 75 percent of Tesla s Bitcoin holdings

Musk takes U-turn, sells 75 percent of Tesla s Bitcoin holdings to improve cash position

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