Tesla
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Crypto holdings unchanged for third straight quarter after car manufacturer sold off majority of bitcoin last year
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A new complaint against Elon Musk and Tesla alleges that Musk manipulated both bitcoin and dogecoin
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Crypto is deemed “intangible assets” on balance sheets right now, but the Financial Accounting Standards Board is cooking up new rules
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MicroStrategy is finally back in the green on its bitcoin, but the same can’t be said for other companies
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Elon Musk is pushing to dismiss a lawsuit alleging he aimed to pump dogecoin as part of a pyramid scheme
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Tesla had diamond hands through the market reckoning of late last year, opting to hold onto all its bitcoin leading into 2023
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In July, Tesla reported it sold 75% of its bitcoin for $936 million in the second quarter of 2022
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Elon Musk doubted whether FTX CEO Sam Bankman-Fried actually had billions in liquidity
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Impairment costs remain a concern for companies despite long-term buying opportunities
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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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The company offloaded 75% of its bitcoin holdings in the second quarter to boost its liquidity
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Major stocks led by crypto bulls Elon Musk, Jack Dorsey and Michael Saylor are together down more than $2 billion on their bitcoin to date
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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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Tesla exceeded revenue expectations in its latest earnings report, no thanks to its crypto holdings
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The mine, first announced in June 2021, will be powered by Tesla’s solar array and Megapack battery
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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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Tesla buyers will be able to pay using bitcoin once 50% of mining energy comes from renewables, Musk said Wednesday.
Dallas Mavericks owner Mark Cuban, an early crypto adopter, also issued a warning to investors regarding digital assets.
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