By now there must be only a few percent of people that haven’t heard about Bitcoin and its dramatic rise in value. When bitcoin started out, no one turned an eye – everyone thought it was a gimmick without any value since it’s a ‘fake currency’. Now those people, and …Read More »
Why Did Tesla Sell Almost All Its Bitcoins?
In early 2023, Tesla Corporation invested $1.5 billion in bitcoin; at the time, the cryptocurrency was worth about $44,000. A year and a half later when bitcoin’s capitalization had roughly halved, it became known that Tesla had almost withdrawn from the asset. According to the company’s latest report, as of …Read More »