Tesla keeps holding its Bitcoin

FlavienOctober 20, 2022

Less than a minute

Elon Musk’s Tesla reported for the third quarter that it is still holding $218M worth of Bitcoin. Tesla had announced selling 75% of its Bitcoin holdings in July, for an estimated $936M, in fear, among other reasons, of covid-related lockdowns in China.
It still remains one of the biggest Bitcoin-holding companies.

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FlavienOctober 20, 2022

Less than a minute

Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.