Will tesla still be holding on to its bitcoin in 2060?

Raoul Herzog asked a question: Will tesla still be holding on to its bitcoin in 2060?
Asked By: Raoul Herzog
Date created: Sat, Jul 17, 2021 4:42 AM

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Those who are looking for an answer to the question «Will tesla still be holding on to its bitcoin in 2060?» often ask the following questions:

❔ Does tesla still own bitcoin?

It appears that the $1.5 billion investment bought roughly 43,000 Bitcoin… Result: Tesla still holds around 38,300 Bitcoin that cost $1.329 billion. At Bitcoin's price of $54,100 on April 26, Tesla's trove is worth over $2.07 billion. Tesla's gain on what it still owns is $741 million.

❔ When will tesla start accepting bitcoin again?

"Bitcoin paid to Tesla will be retained as Bitcoin." May 2021. Elon Musk suddenly pulls the plug on Bitcoin purchases of Tesla vehicles. Tesla will no longer accept Bitcoin to purchase its cars, he said, citing the harmful effects to the environment that comes with mining for cryptocurrency.

❔ Will bitcoin still hit $100,000?

In a new interview with trader Scott Melker on The Wolf of All Streets, PlanB emphasizes he believes that his stock-to-flow models, which predict that Bitcoin will eventually hit $100,000 or $288,000, are still intact.

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If Tesla is planning to hold on to its Bitcoin until mining transitions to more sustainable energy, it’s not going to be selling until China’s electricity grid is decarbonized somewhere close to...

Like every other major electricity user, they’re buying their power from a grid that has a range of generators attached to it. If Tesla is planning to hold on to its Bitcoin until mining “transitions to more sustainable energy,” it’s not going to be selling until China’s electricity grid is decarbonized somewhere close to 2060.

Note: Tesla holds Bitcoin at cost, so in practice the figures won't be counted against profits. Carrying value at March 31 was $1.33 billion, compared to a market value of $2.48 billion. The ...

Bloomberg - Elon Musk has lost sight that Bitcoin mining arrays are powered via grids that don't distinguish between fossil fuels and alternatives. Shouldn’t the … Will Tesla Still Be Holding On to Its Bitcoin in 2060?

NEW DELHI: Tesla Inc’s June quarter earnings on Monday showed that the US-based electric car company was still holding $1.3 billion worth of bitcoin on its balance sheet, putting to rest ...

Tesla’s Bitcoin Holdings In Reverse. Opinions expressed by Forbes Contributors are their own. Elon Musk suspends Tesla purchases with bitcoin. Bitcoin has continued its deep dive this weekend ...

Elon Musk's electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of ...

Tesla didn’t immediately respond to a request for comment on its Bitcoin holdings or trading. The filing said the value of Tesla’s holding was $2.48 billion as of March 31, when the price was ...

Tesla's precarious position. According to its earnings release for the quarter ending March 31, Tesla still owned $1.331 billion worth of its initial Bitcoin purchase. This was down slightly, as ...

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