Shift

Bitcoin

Arkham

Elon Musk

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/corporate-crypto-investment-trends-shift-as-tesla-releases-earnings/" data-wpel-link="internal">Corporate Crypto Investment Trends Shift as Tesla Releases Earnings</a> 
<a href="https://coin-turk.com/kurumsal-kripto-para-yatirimcilari-donuyor-uptober-basladi-en-sevilen-altcoin-belli-oldu" data-wpel-link="internal">Crypto investors</a> are in a crucial week with major companies releasing their earnings reports. Tesla has just published its earnings for the last quarter. Previous reports showed <a href="https://coin-turk.com/unlu-yonetici-yarilanma-bitcoin-btc-fiyatini-etkilemeyecek" data-wpel-link="internal">BTC</a> trading data, which often led to significant volatility. However, this time was different. 
<h2 style="text-align: justify" id="tesla-announces-earnings-report">Tesla Announces Earnings Report</h2> 
Elon Musk, who has repeatedly stated that he is no longer interested in crypto, has significantly reduced his holdings over the past two years. However, his companies still hold some <a href="https://en.coin-turk.com/btc-daily-closing-time-bitcoin-and-cryptocurrencies-opening-and-closing-times/" data-wpel-link="internal">BTC</a>. Today’s earnings report was closely monitored by investors against the possibility of new purchases. 
Whether the company has sold any assets can be tracked in real-time because Arkham compiles these wallets and publishes them on its platform. Investors hoping for a new rise due to unknown address purchases were disappointed after the report was published. Tesla did not make any new BTC or other cryptocurrency purchases. <a href="https://coin-turk.com/kidemli-analistten-bitcoine-carpici-hedef-btcde-gercek-deger-bu" data-wpel-link="internal">Bitcoin</a> vehicle sales were halted without consulting the board, and it seems Elon Musk remains committed to distancing from cryptocurrencies. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-343823 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/BTCUSDT_2024-04-23_23-12-38.png" alt="" width="1814" height="836"> 
BTC price fell about $200 after the report, but it did not trigger a major loss. Here are the details of the report: 
<ul> 
 <li style="text-align: justify">Revenue: $21.3 Billion (Estimate: $22.3 Billion)</li> 
 <li style="text-align: justify">Tesla to accelerate the launch of more affordable models.</li> 
 <li style="text-align: justify">Product updates may lead to less cost reduction than expected.</li> 
 <li style="text-align: justify">Currently working on a vehicle summoning feature.</li> 
</ul> 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/corporate-crypto-investment-trends-shift-as-tesla-releases-earnings/" data-wpel-link="internal">Corporate Crypto Investment Trends Shift as Tesla Releases Earnings</a></h5>

Corporate Crypto Investment Trends Shift as Tesla Releases Earnings

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