Tesla’s bitcoin holdings unchanged in the fourth quarter

0
6

Tesla’s bitcoin holdings were unchanged in the fourth quarter, though the largest cryptocurrency fell to a two-year low of $15,480 in November, after digital asset exchange FTX imploded. Tesla invested $1.5 billion in bitcoin in early 2021, when the crypto was trading above $30,000. Bitcoin is trading at around $22,978 Wednesday, down 0.4% over the past 24 hours, according to CoinDesk data.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleEarnings Results: IBM posts biggest annual sales increase in more than a decade, announces layoffs
Next articleChevron announces $75 billion stock buyback, dividend increase

LEAVE A REPLY

Please enter your comment!
Please enter your name here