Cryptocurrency Q&A
Why did Musk sell Bitcoin?
Why did Musk sell Bitcoin?
Leonardo
Tue Dec 10 2024
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6 answers
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Musk, a prominent figure in the tech and business world, surprised many when he announced the sale of Bitcoin from his company's holdings. This move sparked curiosity and speculation about the reasons behind such a significant decision.
6 answers
CrystalPulse
Thu Dec 12 2024
In the initial months of 2022, Musk made a significant decision regarding Tesla's financial holdings.
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Andrea
Thu Dec 12 2024
He chose to liquidate a substantial portion of the bitcoin that Tesla had acquired.
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Michele
Wed Dec 11 2024
This Bitcoin had been added to Tesla's balance sheet during the early stages of 2021.
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GeishaGrace
Wed Dec 11 2024
The total value of the bitcoin sold amounted to $1.5 billion.
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CryptoPioneer
Wed Dec 11 2024
Musk's motive behind this action was to ensure that Tesla achieved a quarterly profit.
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