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Tesla Missed $500 Million In Bitcoin Gains: Will It Sell The Remaining 9,700 BTC?

Published by
Benzinga

It is well known that Tesla Inc. CEO Elon Musk is a huge cryptocurrency proponent. From allowing customers to buy Tesla cars with Dogecoin (DOGE) to seemingly incessant support on social media, Musk has made his adoration for crypto known over the years. However, Musk and Tesla showed that some actions speak louder than words. In February 2021, the company made a landmark investment of $1.5 billion in Bitcoin. The investment was meant to earn extra returns on cash that would have earned little to no interest otherwise. At the time of the announcement, Bitcoin’s price was hovering around $37,00…

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