You Searched For "bitcoin hold" and got 19 results
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1 min read
Tesla took a $34 million impairment charge on its bitcoin holdings last quarter as crypto values plunged
The value of Tesla's bitcoin holdings fell from $218 million in the third quarter to $184 million b…
Jennifer Sor
2 mins read
Bitcoin hodl waves indicate 60% of the cryptocurrency is being hoarded – analysts suggest a bull run could be in the offing
According to Bitcoin analyst Phillip Swift, 60% of all the Bitcoin (BTC) available has not moved…
1 min read
Tesla's bitcoin holdings grew to $2.5 billion in the 1st quarter, SEC filings show
Tesla owned 41,953 bitcoin at the end of the first quarter based off of the cryptocurrency's closin…
Matthew Fox
4 mins read
New York Will Be Holding Hearings On Bitcoin
In August 2013, the New York State Department of Financial Services (NYDFS) issued a public notice …
Rob Wile
2 mins read
Tesla's bitcoin holdings fell nearly $1.8 billion in value last year, as Elon Musk called crypto a 'sideshow'
A bloodbath for crypto in 2022 saw Tesla's $1.5 billion bet on bitcoin backfire, as Elon Musk's car…
Ryan Hogg
1 min read
Tesla boss Elon Musk holds on to Dogecoin after the company sells 75% of its Bitcoin capital
In the second-quarter (Q2) earnings call with analysts, Tesla Ceo Elon Musk said that the reason th…
1 min read
Cathie Wood's ARK bought more shares in Grayscale's trust after bitcoin's fall below $30,000
Cathie Wood has added to her bitcoin holdings with another purchase of shares in the Grayscale Bitc…
Camomile Shumba
2 mins read
MicroStrategy reported a $146 million impairment charge related to its bitcoin holdings in the 4th quarter
The firm on Tuesday said it bought another $25 million of bitcoin at an average price of $37,865 pe…
Isabelle Lee
1 min read
Bitcoin plunges more than 10% after Elon Musk's SpaceX reportedly sold the cryptocurrency
The Wall Street Journal reported that SpaceX wrote down the value of its bitcoin holdings by a tota…
Matthew Fox
1 min read
Square's Cash App saw gross profit rise 94% to $546 million in Q2, but booked a $45 million impairment on its bitcoin holdings
Square logged a $45 million impairment loss on its bitcoin holdings, a financial update Monday show…
Camomile Shumba
1 min read
MicroStrategy reveals additional $10 million bitcoin bet, bringing its total holdings close to 100,000 bitcoins
The company said it bought about 205 bitcoins at an average price of $48,888 per coin, inclusive of…
Shalini Nagarajan
2 mins read
Michael Saylor's MicroStrategy bought another $10 million of bitcoin during the cryptocurrency's price pullback
The business software maker now owns more than 92,000 bitcoins that it has acquired for $2.25 billi…
Carla Mozée
2 mins read
Michael Saylor's MicroStrategy buys another 7,002 bitcoins for $414 million — keeping its promise to keep adding the crypto
Tech firm MicroStrategy bought the bitcoin in the past two months, when the token hit a record high…
Camomile Shumba
2 mins read
Legendary investor Bill Miller says bitcoin is insurance against financial catastrophe - and he still has a 'very big position' in it
Miller said the notion that bitcoin holds no intrinsic value is correct, and he compared it to high…
Shalini Nagarajan
1 min read
Cryptocurrency mining heavyweight dumped 79% of its bitcoin holdings to pay debts and maintain liquidity
Core Scientific unloaded most of its bitcoin in June while the crypto slumped. The company said it …
Brian Evans
2 mins read
How Bitcoin Is Like North Korea
The distribution of Bitcoin holdings looks much like the distribution of wealth in North Korea and…
2 mins read
Elon Musk says Tesla sold 10% of its bitcoin to show it's a good alternative to cash - but he isn't selling his personal holding
Musk was responding to criticism from Barstool Sports' Dave Portnoy, who'd questioned whether Tesla…
Shalini Nagarajan
1 min read
Michael Saylor's MicroStrategy says it bought another $15 million worth of bitcoin, bringing its total holdings to more than $5 billion
MicroStrategy picked up another $15 million worth of bitcoin on Friday, the firm now holds 91,326 c…
Will Daniel
2 mins read
Tesla logged a $101 million impairment loss from bitcoin in 2021 as the cryptocurrency's value fluctuated
Tesla invested $1.5 billion in bitcoin in 2021, and the fair market value of its holdings ended the…