Tesla Bitcoin Prices
Tesla Bitcoin Prices. Despite Teslas investment going underwater Musk has implied they have no intentions of selling the rest of its Bitcoin holdings. This would mean a rally of about 600 percent. Musk still claims that his company has diamond hands and will not sell.
Tesla buys 15bn in bitcoin pushing price to new high This article is more than 6 months old Elon Musk has helped to drive popularity of cryptocurrencies including bitcoin and dogecoin.
Featured Image by Blomst from Pixabay - Charts by TradingView. Tesla was thought to have purchased Bitcoin at about 36000 the price prevailing when the company announced its investment in February but the price appears to have been closer to 32000. Bitcoin prices have sold off by 16 to 32000 going back to Teslas announcement.
In the wake of his post the price of Bitcoin surged 98 per cent to 3903547 on Sunday adding 349271 to its previous close. As much as 36585 billion was wiped off the entire. Tesla has enabled Bitcoin as a payment option for US customers.
In 2013 someone purchased a 103000 Tesla Model S Performance for 914 BTC. The cryptocurrency is up 1135 since March 2020 thanks in part to interest from. Nonetheless bitcoin price touched as high as 48000 yesterday after electric car maker Tesla Inc.
Meanwhile gold prices dropped around 3 while crude oil prices jumped 20. As of the end of March the automaker said its 15 billion investment was worth 248. From the record highs of more than 63000 hit in mid-April in part fueled by Teslas bitcoin appetite bitcoin.
TSLA invested 15. Now it threatens to wipe out a quarters earnings or worse. That would suggest it is currently holding about 43859 BTC in reserve.
I would like to see bitcoin succeed Teslas shares were down 08 at 65530 in extended trading. While the exact price is not known Tesla announced their Bitcoin purchase in February when the asset was worth roughly 32000 to 33000. Those coins today would be worth 47 million.
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