Sky News Business Reporter Edward Boyd says electric vehicle maker Tesla took a “bit of a hit” after the company sold 75 per cent of its Bitcoin holdings.
‘They did take a bit of a hit’: Tesla sells 75 per cent of its Bitcoin holdings
“The price of bitcoin has fallen significantly since Tesla made that initial investment,” Mr Boyd told Sky News Australia. “Overnight, they sold roughly one billion US dollars in bitcoin. They’ve only got about $200 million in bitcoin left.
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