Tesla has made $1.5 billion in profit on Bitcoin, says analyst

Tesla has made $1.5 billion in profit on Bitcoin, says analyst

FEBRUARY 21st 2021: Tesla has made about $1 billion in profit on its Bitcoin investments, one analyst estimates. Although purchase price disclosures were not made public, Daniel Ives - market analyst at Wedbush Securities - projects that Tesla has made roughly $1 billion in paper profits from its investments in Bitcoin. - FEBRUARY 8th 2021: Tesla and CEO Elon Musk purchase $1.5 billion in Bitcoin cryptocurrency under an investment policy and will accept digital currency as a customer payment method for Tesla vehicles and products. - File Photo by: zz/STRF/STAR MAX/IPx 2020 6/24/20 Atmosphere in and around Wall Street and The New York Stock Exchange in the Financial District of Lower Manhattan, New York City on June 24, 2020 during the coronavirus pandemic amid the aftermath of protests, demonstrations, riots, vandalism and destruction of property in response to the death of George Floyd who died while being arrested by police officers in Minneapolis, Minnesota on May 25th. Here, The Fearless Girl bronze sculpture located across from The New York Stock Exchange Building. (NYC)

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Contributor: Star Max

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February 22, 2021 12:00:00 AM
February 22, 2021 01:00:54 PM
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Death of George Floyd, COVID-19 pandemic, General news, Political and civil unrest, Protests and demonstrations, Financial technology, Financial technology, Cryptocurrency, Bitcoin, Financial markets, Currency markets, Bitcoin, Business, Economy, Environment and nature, Environment, Green technology, Technology, Green technology, Green vehicle technology, Electric vehicles, Lung disease, Coronavirus, Health, Diseases and conditions, Infectious diseases, Coronavirus
candid, out and about, general news, headline news, current affairs, lifestyle images, atmosphere, buildings and landmarks, Wall Street, Financial District, business and industry, economy, stock market, Tesla Motors, Tesla cars, Tesla automobile dealership, CEO Elon Musk, corporate logo, Tesla, Inc., electric car company, S&P 500 Index, bronze sculpture, Fearless Girl, Bitcoin cryptocurrency, Tesla, Inc.
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