Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

Cryptopolitan

2023-02-01 08:41:56

How Tesla lost $140m on Bitcoin in 2022

How Tesla lost $140m on Bitcoin in 2022

Last year, Tesla took a massive financial hit after investing in Bitcoin and ultimately lost $140 million. In a SEC filing, Tesla revealed that it took an impairment charge of $204 million while gaining only $64 million from converting its Bitcoin holdings into fiat. It is essential to know that an impairment charge is a … How Tesla lost $140m on Bitcoin in 2022 Read More »

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