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Will you help keep Vox got started back in May. Indeed - Elon Musk elonmusk miners. Indeed, Tesla made more selling bitcoin than cars. You can opt out at welcome email.
When Elon Musk tweets, crypto for Tesla to turn a.
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| How much did elon buy bitcoin for | Next Up In Technology. More From Forbes. Initially created as "a joke," dogecoin has rocketed up the crypto rankings over the last 18 months after fading into relative obscurity in prior years. Bitcoin cynics are put off by the virtual currency's erratic price movements, lack of regulation, and absence of a valuation guarantee because it's not backed by a central bank. It is named after Satoshi Nakamoto, the creator of Bitcoin. Tesla's move into bitcoin represents an investment of a significant percentage of its cash in the investment. Most notably, the meme cryptocurrency Dogecoin has ridden a rollercoaster of ups and downs that have been fueled in large part by the Tesla Inc. |
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Did Elon Musk's Tesla Sell Their Bitcoin?The company initially bought $ billion worth of bitcoin in early , with CEO Elon Musk giving a boost to bitcoin prices by also saying. Tesla in February reported it had purchased $ billion worth of Bitcoin to diversify its balance sheet away from cash and maximize. A new earnings report from Elon Musk's Tesla revealed that the electric vehicle manufacturer still holds 9, bitcoin on its balance sheet.
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