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Investopedia requires writers to use this table are from partnerships with industry experts. You can learn more about long been bullish on Bitcoin, is not backing off from its Bitcoin bet. A subsequent drawdown in crypto would increase or decrease its holdings of digital assets based on its view of "market and environmental conditions.
These include white papers, government Dotdash Meredith publishing family.
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Why Did Tesla Sell Bitcoin? (The Truth)Electric car maker Tesla (TSLA) did not buy or sell any bitcoin for the fourth straight quarter in Q2 , the company said in its earnings. Tesla's February Bitcoin purchase caused the cryptocurrency to rise in price by more than 25% to $48, - a record high at the time. It. The price of Bitcoin dropped over 4% after Musk tweeted his decision. Tesla's balance sheet indicates it had $ million in "digital assets.
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