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Cryptocurrencies: 27289
Markets: 108940
Market Cap: $3,811,914,659,354     
24h Vol: $95,467,003,561
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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