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 6/14/20 Atmosphere in and around Wall Street and The New York Stock Exchange in the Financial District of Lower Manhattan, New York City on June 14, 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 Charging Bull bronze sculpture located on Broadway just north of Bowling Green is restored after protesters covered it with fake blood. (NYC)

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Contributor: Star Max

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February 22, 2021 12:00:00 AM
February 22, 2021 01:11:22 PM
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