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| Two crypto geniuses | Learn more about Consensus , CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. In short, maybe but it depends on inflation and that's out of his control, said Musk. Gold 2, The company began accepting bitcoin as payment for its vehicles in March of last year, but Musk reversed that decision about six weeks later, citing concerns about the environmental impact of mining bitcoin. Tesla offloads the bulk of its Bitcoin holdings but chief Elon Musk says the decision was not a "verdict" on the digital currency. |
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| Tesla sell bitcoin | Top crypto exchanges: The ones you need to know. Tech company earnings reports expected to bring a flush of bad news. The best crypto credit cards. However, Musk seemed optimistic on Wednesday about the state of the economy in the coming months. In short, maybe but it depends on inflation and that's out of his control, said Musk. Here's how it works. |
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Elon Musk�s Tesla sell most of its Bitcoin holdings � BBC NewsTesla's initial foray into Bitcoin began in February with a groundbreaking $ billion investment. At the time, BTC's price was around. Tesla put $bn into Bitcoin in early , with chief executive Elon Musk saying it would be accepted as payment. It changed course a few weeks later, and. According to one analyst's estimates, Tesla may have lost almost half a billion from its Bitcoin investments so far. Tesla made $ million in cash revenue.
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