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Did Tesla make a profit from selling Bitcoin?

In February this year, Tesla bought $1.5 billion worth of Bitcoin. The automaker has now sold some of it — and made a pretty good profit. Tesla announced in its Q1 earnings report that it sold a good chunk of Bitcoin for a profit of $101 million.

What if the government sold its bitcoin stake?

Had the government sold its bitcoin stake when the price of the token peaked above $67,000 last month, coffers would have been a whole lot bigger than if they liquidated at today’s price. Once a case is closed and the crypto has been exchanged for fiat currency, the feds then divvy the spoils.

When will the last bitcoin be mined?

The reward will continue to halve every four years until the final bitcoin has been mined. In actuality, the final bitcoin is unlikely to be mined until around the year 2140. However, it's possible that the Bitcoin network protocol will be changed between now and then.

How many Bitcoins has the Marshals Service seized?

To date, it has seized and auctioned more than 185,000 bitcoins. That cache of coins is currently worth around $8.6 billion, though many were sold in batches well below today’s price. It’s a big responsibility for one government entity to assume, which is part of why the Marshals Service no longer shoulders the task alone.

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