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Cryptopolitan 2023-02-01 08:41:56

How Tesla lost $140m on Bitcoin in 2022

Last year, Tesla took a massive financial hit after investing in Bitcoin and ultimately lost $140 million. In a SEC filing, Tesla revealed that it took an impairment charge of $204 million while gaining only $64 million from converting its Bitcoin holdings into fiat. It is essential to know that an impairment charge is a … How Tesla lost $140m on Bitcoin in 2022 Read More »

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