Tax on capital gains from cryptocurrencies is almost certainly coming to South Korea in 2022.

Electric vehicle manufacturer Tesla earned $101 million in profit from its bitcoin holdings in the first quarter of 2021, according to its Q1 2021 earnings report. Elon Musk, however, has not sold any of his BTC, as revealed in a tweet reply on April 27. Tesla’s winning bitcoin bet Tesla sent shockwaves throughout the financial … Continued

The post Tesla Cashes $100M BTC Profits, Musk Keeps His Holdings appeared first on BeInCrypto.

Tesla Sells 10% of its Bitcoin Holdings for $272 Million | PayPal Shocked by the Huge Demand for their Crypto Offering | JPMorgan to Offer Bitcoin Fund This Summer Say CoinDesk Sources

The post I Have Not Sold Bitcoin, Says Elon Musk appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Tesla CEO Elon Musk responded to a tweet by selling 10% of its Bitcoin assets to demonstrate the cryptocurrency’s liquidity as an alternative to cash on the balance sheet. Musk also mentioned that none of his personal Bitcoin has been sold. It seemed that he was responding to a tweet from Barstool Sports President Dave …

Tesla sold 10% of its bitcoins during the first quarter of 2021 to prove liquidity.

Tesla Inc, the electric car maker giant has sold 10% of its $1.5 billion purchase made in February earlier this year as per the company’s Q1 earnings report released on Monday. The earning report indicated that the EV maker has made $272 million from the sales of Bitcoin. Tesla had bought Bitcoin under $35K apiece

The post Tesla Sells 10% of its Bitcoin; Elon Says He is Hodling His Share appeared first on Coingape.

Tesla Inc which has invested $1.5 billion in Bitcoin in the recent past, has trimmed its position by 10% in this quarter beating Wall Street.

After Tesla reported its Q1 2021 Financial Results yesterday (April 26), many in the crypto community were shocked to hear Tesla had sold 10% of its recently acquired Bitcoin. Later, the Tesla CFO and the Tesla CEO made some clarifying remarks. On February 8, the world discovered from Tesla’s latest annual report (Form 10-K), which […]

If you were following Tesla at all last week, you probably saw the story of a crashed Tesla near Houston, Texas. We covered...

Mox Bank, the digital lending platform that’s backed by Standard Chartered, is reportedly planning to double its client base in 2021. Mox Bank...

Also, JPMorgan is now the latest bank to offer certain clients the option to invest in an actively managed Bitcoin Fund, which would roll out around summer.

The post Tesla Sold Some Bitcoins (April 27, 2021) appeared first on BitPinas.

Tesla’s relationship with bitcoin is not a dalliance, according to the comments made by the company’s CFO and dubbed “master of coin” Zach...