Tesla holds 11,509 BTC steady in Q2 despite 14% bitcoin price drop

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Tesla kept its bitcoin treasury unchanged at 11,509 BTC throughout the second quarter of 2024. The electric vehicle giant recorded a $112 million impairment loss as bitcoin's value fell 14% during the period. Despite the crypto-related hit, Tesla's quarterly earnings delivered mixed results overall. The company beat analyst expectations on revenue but fell short on profitability metrics.

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Senator Lummis Says Ethics Provisions in Crypto Clarity Act Still Under Discussion

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Crypto & Web3CoinDesk ·

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Crypto & Web3CoinDesk ·

Senate Crypto Bill Draft Circulated With Ethics Provision Still Under Debate

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Crypto & Web3CoinDesk ·

Revolut valued at $115 billion in employee share sale

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