Home » » Elon Musk’s Tesla Held Nearly $2 Billion in Bitcoins by 2021-End, US SEC Filing Shows

Elon Musk’s Tesla Held Nearly $2 Billion in Bitcoins by 2021-End, US SEC Filing Shows

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Tesla has revealed that it held $1.5 billion (roughly Rs. 11,200 crore) in Bitcoins by the end of 2021. The company had incurred losses worth $101 million (roughly Rs. 755 crore) on its Bitcoin holdings due to the volatility-induced price cuts that the crypto asset suffered. Regardless, Tesla plans on keeping options around enabling crypto payments open for the future...

from Gadgets 360 https://ift.tt/TyF5qVo
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