Bitcoin

ELON Coin

when

Elon Musk

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/elon-musk-maintains-teslas-bitcoin-holdings/" data-wpel-link="internal">Elon Musk Maintains Tesla’s Bitcoin Holdings</a> 
Elon Musk was highly interested in <a href="https://en.coin-turk.com/central-bank-of-turkey-announces-interest-rate-decision-bitcoins-value-against-turkish-lira-races-towards-record-high/" data-wpel-link="internal">Bitcoin</a> in 2021 and even sold <a href="https://newslinker.co/is-electric-car-the-future/" target="_blank" rel="noopener" data-wpel-link="exclude">Tesla</a> cars with BTC. However, by mid-year, he criticized miners for environmental damage and took an opposing stance. Subsequently, China’s mining bans began, and BTC hit a low in July. 
<h2 style="text-align: justify" id="did-tesla-sell-bitcoin">Did Tesla Sell Bitcoin?</h2> 
Every earnings report, <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> wonder what Elon Musk’s company did with its BTC. Did it buy new BTC? Or did it sell its holdings? According to the earnings report released on July 23, Elon Musk’s company neither bought nor sold any BTC. Approximately $756 million worth of BTC remains. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-373275 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/tesla-btc-satti-mi.png" alt="" width="1917" height="912"> 
In previous reports, Elon Musk accelerated declines by selling during market downturns. However, it’s good to see no sales from Tesla this quarter. Even though Elon doesn’t care much about cryptocurrencies anymore, BlackRock‘s BTC ETF holds over $22 billion in BTC. The total reserve of all ETFs exceeds $50 billion, and institutional investors continue to show interest in cryptocurrencies, led by BTC. 
Moreover, today ETH ETFs were also listed, surpassing the $1 billion volume threshold. Experts expect to see over $100 million in net inflows when data arrives in a few hours. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/elon-musk-maintains-teslas-bitcoin-holdings/" data-wpel-link="internal">Elon Musk Maintains Tesla’s Bitcoin Holdings</a></h5>

Elon Musk Maintains Tesla’s Bitcoin Holdings

目录

COINTURK NEWS

发布于 2024年7月23日的其他文章

Last Resistance: Bitcoin Now Testing Final Short-Term Holder Cost Basis

New Memecoin Pepe Eats Solana (PEPEATS) Will Rally 19,000% Before Exchange Listings, While Shiba ...

Chainbase Series A Funding Secures $15M Led By Tencent Investment

dYdX website compromised following news of sale

MoonBag’s 2024 Crypto Presale: A Game-Changer That’s Ousting Kaspa and Arbitrum

Multipool Secures Strategic Investment from Industry Giant Kronos Research

订阅我们免费的电子期刊，获取每日最新加密领域动态！