Bitcoin $115,304.73 -0.54%
Ethereum $4,623.45 -0.96%
BNB $928.98 -0.63%
Optimism $0.79 -2.51%
Arbitrum $0.52 -3.39%
Solana $241.20 -1.02%
Polygon $0.22 +2.77%
Cosmos $4.65 -2.79%
Avalanche $29.70 -0.76%

Bitcoin $115,304.73 -0.54%
Ethereum $4,623.45 -0.96%
BNB $928.98 -0.63%
Optimism $0.79 -2.51%
Arbitrum $0.52 -3.39%
Solana $241.20 -1.02%
Polygon $0.22 +2.77%
Cosmos $4.65 -2.79%
Avalanche $29.70 -0.76%

Tesla’s Digital Asset Holdings Remain Unchanged in Q2 Despite Bitcoin’s Price Rise

Tesla's digital asset holdings remained at $184 million on its balance sheet in the second quarter, despite the rise in bitcoin's price during the same period. This is due to accounting rules that do not allow for unrealized gains on crypto to be recorded.

The company sold roughly 75% of its bitcoin stack during the second quarter of 2022, but CEO Elon Musk has stated that they are open to increasing their bitcoin holdings in the future. Musk has also expressed his fondness for dogecoin, but his lawyers have stated that there is nothing illegal about tweeting support for a crypto asset.

Tesla Bitcoin Elon Musk

Original Link

Comments

All Comments

Recommended for you

In the past 24 hours, the entire network has liquidated $405 million, mainly short positions

data shows that a total of $405 million was liquidated in the past 24 hours, with long positions liquidated at $79.9603 million and short positions liquidated at $325 million.
BlackRock deposits 44,774 ETH and 900 BTC into Coinbase Prime

according to Arkham monitoring data, about 1 hour ago, BlackRock deposited 44,774 ETH (USD 195.29 million) and 900 BTC (USD 101.67 million) into Coinbase Prime.
BNB breaks through $880

market showed that BNB broke through $880, now reported at $880.08, with a 24-hour increase of 1.07%. The market is fluctuating significantly, please be cautious and manage risks.
After the release of the non-farm payroll data, spot gold rose by nearly $20 in the short term and is now at $3,571 per ounce.

release of non-farm data, spot gold rose nearly $20 in the short term, now trading at $3571 per ounce.
Pump.fun has spent over $62.6 million to repurchase its native token PUMP

according to Dune Analytics data, Pump.fun has spent over $62.6 million to buy back its native token PUMP. The buyback has absorbed over 16.5 billion tokens, with an average buyback price of $0.003785, aiming to stabilize the price trend and reduce selling pressure.
Data: 102,000 Bitcoin contracts will expire on Deribit at 4:00 PM this Friday

according to unfolded data, at 16:00 this Friday, Deribit platform will have 102,000 Bitcoin contracts expiring, with a nominal value of 11.34 billion US dollars.
CoinShares: Total outflows from digital asset investment products reached $1.43 billion last week

latest report from CoinShares shows that last week saw a significant outflow of funds from digital asset investment products for the first time in weeks, totaling $1.43 billion, the highest level since March. Last week, trading volume for Exchange-Traded Products (ETPs) reached $38 billion, about 50% higher than the average for this year. At the beginning of this week, a pessimistic sentiment surrounding the Federal Reserve led to a $2 billion outflow of funds. However, market sentiment shifted after Jerome Powell's speech at the Jackson Hole symposium, which was widely interpreted as more dovish than expected, leading to an inflow of $594 million.
BTC breaks through $118,000

market shows BTC breaking through $118,000, now reporting $118,022.35, with a 24-hour increase of 0.14%. The market fluctuates greatly, so please be prepared for risk control.
The market value of Bitmine's Ethereum holdings exceeds $5 billion

according to Strategicethreserve data, the Ethereum holdings of the US-listed company Bitmine have reached about 1.2 million coins, with a market value exceeding 5 billion US dollars. At the time of writing this article, it reached 5.12 billion US dollars, ranking first in the Ethereum treasury company rankings. Currently, Sharplink Gaming holds about 728,800 ETH, worth about 3.25 billion US dollars, ranking second, and The Ether Machine holds about 345,400 ETH, worth 1.54 billion US dollars, ranking third.
Cointime精选 ·

The first #Bitcoin whitepaper draft written by Satoshi Nakamoto 16 years ago.

Title: Electronic Cash Without a Trusted Third Party

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30

Dubai

Recently Searched

Hot Coins

Trending

Daily Must-Read

Welcome Back

Join CoinTime

Sign in with email

Sign up with email

Check your inbox

Tesla’s Digital Asset Holdings Remain Unchanged in Q2 Despite Bitcoin’s Price Rise

All Comments

Recommended for you

In the past 24 hours, the entire network has liquidated $405 million, mainly short positions

BlackRock deposits 44,774 ETH and 900 BTC into Coinbase Prime

BNB breaks through $880

After the release of the non-farm payroll data, spot gold rose by nearly $20 in the short term and is now at $3,571 per ounce.

Pump.fun has spent over $62.6 million to repurchase its native token PUMP

Data: 102,000 Bitcoin contracts will expire on Deribit at 4:00 PM this Friday

CoinShares: Total outflows from digital asset investment products reached $1.43 billion last week

BTC breaks through $118,000

The market value of Bitmine's Ethereum holdings exceeds $5 billion

The first #Bitcoin whitepaper draft written by Satoshi Nakamoto 16 years ago.

Daily Must-Read

Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG

Trump family went pro-crypto after Biden ‘weaponized banks’ — WSJ

New York lawmaker wants to tax crypto sales and transfers

Trump to order probe of crypto and political debanking claims: WSJ

Bros who tricked MEV bots with their own medicine must face trial, says judge

Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

Popular Tags

Share