Tesla Sells Bitcoin for $64M Profit, Still Posts $170M Impairment Loss
By / July 26, 2022, 2:54 am EDT

Tesla made millions when it offloaded 75% of its bitcoin last quarter, but accounting rules mean it still took a hit to its balance sheet

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Elon Musk: Tesla’s Bitcoin Sale Not a Verdict on the Asset
By / July 21, 2022, 8:31 am EDT

The company offloaded 75% of its bitcoin holdings in the second quarter to boost its liquidity

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Elon Musk Teases Crypto Integration at His First Twitter All-hands
By / June 17, 2022, 7:00 am EDT

Musk, who agreed to take over the media company in April, said news, entertainment and payments are three critical areas for Twitter

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What Does Binance’s Investment in Twitter Mean for the Social Network’s Future?
By / May 6, 2022, 4:02 pm EDT

The world’s largest crypto exchange contributes $500 million, joining 17 other investors to back Elon Musk

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Tesla ‘Believes in the Potential of Digital Assets,’ SEC Filing Reveals
By / May 2, 2022, 12:09 pm EDT

After over a year of Elon Musk’s public love-hate relationship with crypto, Tesla has taken a more favorable stance

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Elon Musk Secures $44B Deal for Social Media Platform Twitter
By / April 26, 2022, 6:00 am EDT

Under the helm of Elon Musk, Twitter is expected to transition to a privately-held company amid new features and functions

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Tesla Has Not Bought or Sold Crypto Since Q1 2021
By / April 20, 2022, 6:04 pm EDT

Tesla exceeded revenue expectations in its latest earnings report, no thanks to its crypto holdings

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Jack Dorsey Says ’Bitcoin Will Replace US Dollar’ and ‘You Don’t Own Web3’
By / December 21, 2021, 6:44 am EST

Twitter founder and Block CEO Jack Dorsey’s Bitcoin maximalism was on display in reply to a question from Cardi B, while sharing that he’s bearish on Web3

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DOGE Spikes 27% on Elon Musk Tweet
By / December 14, 2021, 7:06 am EST

Tesla chief says the company will accept Dogecoin payments for merchandise “and see how it goes”

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Ether All-time High as Total Market Cap Nears $3 Trillion
By / November 8, 2021, 7:48 am EST

A 7% surge in BTC coupled with a new high in ETH pushed the total digital asset market cap to new heights.

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