Tesla Sold $936 Million of its Bitcoin Holdings in Q2

Tesla’s Q2 2022 earnings reports released Tuesday show that almost all of its Bitcoin has been converted into fiat currency. The company received an additional $936million in cash from the sale.

According to the report, Tesla converted approximately 75% [its] Bitcoin purchases to fiat currency in Q2 2022. This is the fifth consecutive quarter that this figure has exceeded 50%.
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Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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