Mainstream

Tesla took a $51 million hit on its bitcoin investment in Q3 despite the token soaring 30%. Here’s why.

Tesla took a $51 million hit on its bitcoin investment in Q3 despite the token soaring 30%. Here’s why.

Elon Musk's Tesla bought $1.5 billion of bitcoin in January.

Picture Alliance/Getty ImagesRead More

You might also be interested in reading VanEck Gives Bitcoin ETF Another Go.

October 21, 2021
In Mainstream