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/GOTPAP/STAR MAX/IPx 2020 10/23/20 Elon Musk is seen wearing a face covering during the worldwide coronavirus pandemic on October 23, 2020 in Los Angeles, California.

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Contributor: Star Max

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February 22, 2021 12:00:00 AM
February 22, 2021 01:01:07 PM
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