By Maria Merano Posted on May 5, 2021...

Despite selling some Bitcoin (BTC) to prove liquidity, electric car company Tesla has increased the value of the cryptocurrency it is holding. In its quarterly filing, the Elon Musk-owned company disclosed it now has $2.48 billion worth of Bitcoin, a significant increase from its initial investment of $1.5 billion. It can be recalled that the company […]

The post Tesla’s Bitcoin stash now worth almost $2.5 billion appeared first on BitcoinerX.

By Maria Merano Posted on May 2, 2021...

Canaccord Genuity had some positive things to say about Tesla recently, according to StreetGuru. Tesla is becoming the brand in energy generation and...

In his latest video, YouTuber and very early Tesla investor Dave Lee asked the question as to whether or not Tesla can deliver...

Tesla sold 10% of its Bitcoin holdings to demonstrate the liquidity of the cryptocurrency as a cash alternative. This has caused a short-term drop in the coin’s price. But despite BTC having partially recovered from the low, it can not linger above $55,000 and start an uptrend.

By Simon Alvarez Posted on April 28, 2021...

Over the last week, Bitcoin (BTC) has been through major volatility with its price tanking below $48,000 last Friday. However, this hasn’t stopped big corporations from putting their excess reserve cash into the cryptocurrency. In the latest development on Wednesday, April 28, Japanese gaming giant Nexon announced that it has purchased around $100 million worth

The post Japanese Gaming Giant Nexon Buys $100 Million Worth of Bitcoin (BTC) From Reserve Cash appeared first on Coingape.

Originally published on EV Annex. The first quarter is typically soft for most automakers. Not Tesla. This year, the Silicon Valley automaker displayed its...