Tesla has sold 75% of its Bitcoin holdings. Tesla sold Bitcoin at a time when the cryptocurrency was at a record low for the month and had dropped more than 50% since October of the previous year.
Tesla, the Elon Musk-owned electric vehicle manufacturer, announced in a statement that it has sold a sizable portion of its Bitcoin assets. In its financial report for the second quarter, the business revealed that it had sold 75% of its Bitcoin holdings, a move that contributed to the rise of...
