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A comment on $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin. Parent comment
Not true. They made their numbers by selling 100M or so of BTC last quarter.
https://www.autoweek.com/news/green-cars/a36266393/tesla-mad...
> The second item that helped Tesla were sales of bitcoin, the "positive impact" of which amounted to $101 million.
The article says that was 1/10 of what they own. We won't know until next quarter how much more they have sold.
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Not true. They made their numbers by selling 100M or so of BTC last quarter.
https://www.autoweek.com/news/green-cars/a36266393/tesla-mad...
> The second item that helped Tesla were sales of bitcoin, the "positive impact" of which amounted to $101 million.
The article says that was 1/10 of what they own. We won't know until next quarter how much more they have sold.