TeslaBitcoinHoldings
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Musk's Rollercoaster Ride: A $18 Billion Drop and a Revolutionary Road Ahead! đđž
Elon
Musk, the man who sends rockets to space and drives electric dreams,
recently took a detour down the frowny lane. đ Spotted in LA looking
like he lost his favorite rocket, Musk faced an $18 billion speed bump
on his net worth rollercoaster. đą
But hold on to your electric
seats! Despite the Tesla stock taking a 13.2% dip, Musk is still
cruising as the world's richest with $203.6 billion. đđ°
The
plot thickens as Tesla announced a slower growth rate in 2024, shaking
the stock market like a thunderstorm. âĄïž But fear not, Musk is revving
up for the future. đ He teased a next-gen vehicle in 2025 that's so
advanced, it'll make your toaster jealous. đđ
In Musk's own words, "This is a revolutionary manufacturing system, far more advanced than any other in the world." đđĄ
But before we ride the Tesla wave, hit that follow button to join the electric party! âĄïžđ
And
now, a reminder to like, share, and spill your thoughts in the
comments. Stay tuned for more crypto rollercoaster rides! đąđ
Remember, your generous tips fuel our mission to navigate the crypto universe. Thank you for being part of the ride! đđ
Disclaimer: Crypto rides can be wild; buckle up, and remember, not financial advice â just good vibes! đđš #TeslaBitcoinHoldings #ElonMusk #CryptoAdventures
Elon
Musk, the man who sends rockets to space and drives electric dreams,
recently took a detour down the frowny lane. đ Spotted in LA looking
like he lost his favorite rocket, Musk faced an $18 billion speed bump
on his net worth rollercoaster. đą
But hold on to your electric
seats! Despite the Tesla stock taking a 13.2% dip, Musk is still
cruising as the world's richest with $203.6 billion. đđ°
The
plot thickens as Tesla announced a slower growth rate in 2024, shaking
the stock market like a thunderstorm. âĄïž But fear not, Musk is revving
up for the future. đ He teased a next-gen vehicle in 2025 that's so
advanced, it'll make your toaster jealous. đđ
In Musk's own words, "This is a revolutionary manufacturing system, far more advanced than any other in the world." đđĄ
But before we ride the Tesla wave, hit that follow button to join the electric party! âĄïžđ
And
now, a reminder to like, share, and spill your thoughts in the
comments. Stay tuned for more crypto rollercoaster rides! đąđ
Remember, your generous tips fuel our mission to navigate the crypto universe. Thank you for being part of the ride! đđ
Disclaimer: Crypto rides can be wild; buckle up, and remember, not financial advice â just good vibes! đđš #TeslaBitcoinHoldings #ElonMusk #CryptoAdventures
Tesla's Bitcoin Holdings Remain Steady Despite Market Volatility
Tesla, the renowned electric vehicle manufacturer, has held onto its Bitcoin holdings for the fourth consecutive quarter, maintaining a steady value of $184 million worth of the digital asset. The latest Q2 2023 earnings report, released on July 19, confirmed that Tesla's Bitcoin holdings have remained at the same value for the past two quarters.
Since Q2 of the previous year, Tesla has neither bought nor sold any Bitcoin, following the massive sale of over 30,000 Bitcoin in that quarter, accounting for approximately 75% of its total holdings, generating $936 million.
The journey began in March 2021 when Tesla initially invested $1.5 billion in Bitcoin, with CEO Elon Musk announcing that the company would accept Bitcoin as payment for Tesla vehicles. However, the acceptance of Bitcoin payments was later halted, citing environmental concerns due to the digital currency's high energy consumption.
Despite the stability of Tesla's Bitcoin holdings, the company's performance has exceeded analysts' expectations this year. Tesla reported adjusted earnings per share of $0.91, surpassing analyst predictions by $0.09. Moreover, the company's Q2 revenue of $24.9 billion exceeded expectations by 0.81%.
Nevertheless, the market's response to Tesla's impressive performance was muted, as the company's stock price experienced a decline of 4.19% to $279.07 in after-hours trading, according to data from Google Finance.
On the other hand, Bitcoin's price faced some challenges, declining nearly 5% for the week and currently trading at $29,914, according to Cointelegraph data. Market sentiment indicates that Bitcoin may revisit the $27,500 price level in the coming days, as it struggled to maintain strong support above the $30,000 resistance mark.
Despite the fluctuations in both the Bitcoin market and Tesla's stock price, the electric vehicle manufacturer remains steadfast in its digital asset holdings, reflecting the company's long-term investment approach in the cryptocurrency space. As the digital asset landscape continues to evolve, the crypto community will closely monitor Tesla's future decisions regarding its Bitcoin holdings.
$BTC
#TeslaBitcoinHoldings
#CryptocurrencyInvestment
#DigitalAssets
#EVandCrypto
#TeslaInnovation
Since Q2 of the previous year, Tesla has neither bought nor sold any Bitcoin, following the massive sale of over 30,000 Bitcoin in that quarter, accounting for approximately 75% of its total holdings, generating $936 million.
The journey began in March 2021 when Tesla initially invested $1.5 billion in Bitcoin, with CEO Elon Musk announcing that the company would accept Bitcoin as payment for Tesla vehicles. However, the acceptance of Bitcoin payments was later halted, citing environmental concerns due to the digital currency's high energy consumption.
Despite the stability of Tesla's Bitcoin holdings, the company's performance has exceeded analysts' expectations this year. Tesla reported adjusted earnings per share of $0.91, surpassing analyst predictions by $0.09. Moreover, the company's Q2 revenue of $24.9 billion exceeded expectations by 0.81%.
Nevertheless, the market's response to Tesla's impressive performance was muted, as the company's stock price experienced a decline of 4.19% to $279.07 in after-hours trading, according to data from Google Finance.
On the other hand, Bitcoin's price faced some challenges, declining nearly 5% for the week and currently trading at $29,914, according to Cointelegraph data. Market sentiment indicates that Bitcoin may revisit the $27,500 price level in the coming days, as it struggled to maintain strong support above the $30,000 resistance mark.
Despite the fluctuations in both the Bitcoin market and Tesla's stock price, the electric vehicle manufacturer remains steadfast in its digital asset holdings, reflecting the company's long-term investment approach in the cryptocurrency space. As the digital asset landscape continues to evolve, the crypto community will closely monitor Tesla's future decisions regarding its Bitcoin holdings.
$BTC
#TeslaBitcoinHoldings
#CryptocurrencyInvestment
#DigitalAssets
#EVandCrypto
#TeslaInnovation
Tesla and SpaceX $BTC Holdings Revealed
- Arkham Communications has publicly identified the cryptocurrency holdings of Tesla and SpaceX on the blockchain.
- Tesla currently holds 11.51K BTC (approximately $780 million) across 68 addresses.
- SpaceX holds 8.29K BTC (approximately $560 million) across 28 addresses.
- In January 2021, Tesla purchased $1.5 billion worth of BTC.
- Notably, Tesla sold BTC on two occasions:
- $272 million worth in Q1 2021
- $936 million worth in Q2 2022
- During the period from March 24 to May 12, 2021, Tesla allowed purchases of Teslas using Bitcoin.
- The Tesla Intel Exchange Bounty revealed a connection between a Tesla car purchase and this larger cluster of identified Tesla holdings.
#HotTrends #ozuru #BTC #TeslaBitcoinHoldings
- Arkham Communications has publicly identified the cryptocurrency holdings of Tesla and SpaceX on the blockchain.
- Tesla currently holds 11.51K BTC (approximately $780 million) across 68 addresses.
- SpaceX holds 8.29K BTC (approximately $560 million) across 28 addresses.
- In January 2021, Tesla purchased $1.5 billion worth of BTC.
- Notably, Tesla sold BTC on two occasions:
- $272 million worth in Q1 2021
- $936 million worth in Q2 2022
- During the period from March 24 to May 12, 2021, Tesla allowed purchases of Teslas using Bitcoin.
- The Tesla Intel Exchange Bounty revealed a connection between a Tesla car purchase and this larger cluster of identified Tesla holdings.
#HotTrends #ozuru #BTC #TeslaBitcoinHoldings
đđ **Tesla's Bitcoin Wallet: Balancing Act Raises Questions!**
đ **Data Analysis Unveiled:**
- đŒ Arkham's tracking feature reveals Tesla's Bitcoin wallet balance.
- đ° Balance increases by 1,789 BTC, now totaling 11,509 BTC.
đ€ **Speculation Ignites:**
- đ Users ponder if Tesla is repurchasing Bitcoin.
- đ Questions arise about accounting accuracy or potential BTC acquisitions.
đĄ **Possible Scenarios:**
- đ Some speculate Tesla resumed BTC purchases post-earnings call.
- đŁïž No official comments from Tesla or Elon Musk regarding recent BTC activity.
đ **Stay Tuned for Updates!** đđ #TeslaBitcoinHoldings #BTC #Launchpool #TrendingTopic đđ
đ **Data Analysis Unveiled:**
- đŒ Arkham's tracking feature reveals Tesla's Bitcoin wallet balance.
- đ° Balance increases by 1,789 BTC, now totaling 11,509 BTC.
đ€ **Speculation Ignites:**
- đ Users ponder if Tesla is repurchasing Bitcoin.
- đ Questions arise about accounting accuracy or potential BTC acquisitions.
đĄ **Possible Scenarios:**
- đ Some speculate Tesla resumed BTC purchases post-earnings call.
- đŁïž No official comments from Tesla or Elon Musk regarding recent BTC activity.
đ **Stay Tuned for Updates!** đđ #TeslaBitcoinHoldings #BTC #Launchpool #TrendingTopic đđ
NEW: Tesla is now up 2x on the remaining #Bitcoin it bought back in 2021.
By selling early, they lost over $2 BILLION in gains
#cryptopiannews #TeslaBitcoinHoldings #EOS #Bitcoin
By selling early, they lost over $2 BILLION in gains
#cryptopiannews #TeslaBitcoinHoldings #EOS #Bitcoin