Twitter has huge value but it needs better monetization, Binance’s CZ says

Twitter is an Elon Musk company after the billionaire Tesla and SpaceX CEO completed his blockbuster takeover that for months had teetered on the verge of collapse. But the world’s richest man made good his bid to acquire the social media company and the rest is quickly becoming history.

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Tesla Makes No Changes to Its Bitcoin Holdings in Third Quarter

The electric car company did not buy or sell any bitcoin in the quarter, after selling 75% of its holdings in the second quarter.

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Tesla Made No Changes to Its Bitcoin Holdings in Third Quarter

The electric car company did not buy or sell any bitcoin in the quarter, after selling 75% of its holdings in the second quarter.

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Elon Musk Renews Twitter Buyout Offer

Tesla and SpaceX CEO Elon Musk has reportedly written to Twitter with an offer to buy the company at the price both parties agreed upon back in April. Musk Reconsiders...

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Contrary to popular belief, the filing shows Tesla recorded $68M in profit from BTC sale

Tesla has recently been the talk of the town within the crypto community. The electric vehicle company dumped about 75% of its BTC holdings despite CEO Elon Musk claiming the firm has “diamond hands” last year, sparking reactions and the belief that the company’s BTC bet was a fiasco, considering current market conditions. However, a […]

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Tesla Recorded $64M Gain on Bitcoin Sales in Q2

The electric car company also posted an impairment of $170 million on its remaining bitcoin holdings.

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Accounting Rules Make the Outcome of Tesla’s Bitcoin Sale Unclear

After Tesla sold 75% of its bitcoin, Twitter piled on the company for losing money on the sale even though it didn’t.

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Will Bitcoin [BTC] rise above its $23,000 level over weekend

Bitcoin [BTC] is back above the $23,000 level despite the announcement by Tesla that it had sold 75% of its BTC holdings. Recall that BTC lost its $24,000 position to $22,000 when the car company The post Will Bitcoin [BTC] rise above its $23,000 level over weekend appeared first on AMBCrypto.

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Crypto Reacts: Tesla Panic Sells Its Bitcoin, The Internet Explodes

One thing’s for sure, Tesla’s CEO knows how to generate headlines. The infamous Elon Musk was the talk of the town today, as news of his company selling 75% of their bitcoin hit the wires. The reactions go from clowning Musk to overanalyzing the situation and everything in between. What a fun day in crypto […]

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First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading

The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of BTC suggests the company wasn’t all that committed to the asset.

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Tesla sold 75% of its Bitcoin holdings while retaining all of its Dogecoin

Tesla, which is the leading electric motor company and one of the companies that… The post Tesla sold 75% of its Bitcoin holdings while retaining all of its Dogecoin appeared first on CoinJournal.

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Tesla selling 75% of its Bitcoin is ‘great news’, says Tron founder

Tesla Inc. (TSLA) sold 75% of its Bitcoin (BTC) holdings for $936 million in the second quarter ending June, details from the company’s quarter 2 results showed. According to the electric carmaker, offloading the BTC came amid uncertainty over the company’s liquidity in the midst of Covid shutdowns in China.

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Tesla's Bitcoin dump of $936M- Breaking down its impact on BTC

The world's largest electric car company, Tesla, held Bitcoin [BTC] worth billions of dollars for a long time. The company claimed not to have sold any of its BTC after investing another $1.5 billion The post Tesla's Bitcoin dump of $936M- Breaking down its impact on BTC appeared first on AMBCrypto.

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Tesla breaks even on Bitcoin sale, Musk confirms no Dogecoin was sold

Tesla released its Q2 2022 financial report on July 20, which showed the company had sold 75% of its Bitcoin holdings, netting $936 million in the process. The post Tesla breaks even on Bitcoin sale, Musk confirms no Dogecoin was sold appeared first on CryptoSlate.

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Tesla's Musk Remains Open to Buying More Bitcoin After Selling in Q2 to Raise Cash

Tesla CEO Elon Musk said the EV company could add to its bitcoin position again in the future, but wanted to boost its cash position.

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BREAKING: Elon Musk's Tesla Sold 75% of Its Bitcoin

A Q2, 2022 update by Telsa shows the company sold 75% of its bitcoin holdings, adding $936 million in cash to its balance sheet.

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ROBO-01: Chinese Car Launched in the Metaverse is Now Available IRL

ROBO-01: Chinese company JIDU has launched a concept car, called ROBO-01, that will give Tesla a very very wild run for its money. The post ROBO-01: Chinese Car Launched in the Metaverse is Now Available IRL appeared first on BeInCrypto.

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Dogecoin Climbs After Elon Musk Tweets SpaceX Will Accept The Meme Coin

Elon Musk, CEO of Tesla, revealed through Twitter on Friday that his space exploration company Spacex will soon take Dogecoin as a form of payment. This raised the value of Dogecoin. Shortly after the tweet, Dogecoin surged as much as 10 percent to nearly 9 cents, partially correcting Thursday’s 6.14 percent decline, as DOGE closed […]

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Musk manifests Twitter as Dogecoin, ELON go gaga while SHIB naps

News companies the world over are chirping as Twitter's board reportedly agreed to Tesla head and billionaire Elon Musk's $44 billion offer to take over the company. Now, setting aside the birds, how The post Musk manifests Twitter as Dogecoin, ELON go gaga while SHIB naps appeared first on AMBCrypto.

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Why Ripple’s CTO Criticized Elon Musk’s Free Speech Stance

David Schwartz, CTO at payment solution company Ripple, weighted in on Elon Musk’s attempts to buy Twitter. The CEO at Tesla made a bid to take over the social media platform valued at over $40 billion.

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Elon Musk Offers to Buy Twitter to Take Company Private

The Tesla CEO offered $54.20 a share in cash for the social media platform.

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Dogecoin Rallies Again After Elon Musk Joins Twitter Board

The news comes one day after the Tesla CEO disclosed his ownership of 9.2% of Twitter, making him the company’s largest individual shareholder.

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Elon Musk Drops Major Signal About SpaceX’s Starlink Accepting Dogecoin Payments After Tesla

Dogecoin has in recent months enjoyed an upward jolt fueled by news of mainstream adoption. After Tesla, yet another company helmed by self-proclaimed “Dogefather” Elon Musk could be on track to begin accepting DOGE payments.

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HODLing: Tesla’s Billion-Dollar Bitcoin Stash Is Still Intact Despite Downside Volatility

Tesla’s Q4 Fiscal Year 2021 report is out and as it appears, the U. S. electric vehicle manufacturer is still holding its Bitcoins. According to the report, the company has not made any major alterations to its Bitcoin holdings, with the stash remaining untouched for a least three quarters.

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Dogecoin Set To Break New Grounds As Elon Musk’s Tesla Officially Onboards DOGE Payments

The reveal came first from the company’s website, with its support section disclosing the addition of the cryptocurrency as a payment option. “What can I buy from Tesla with Dogecoin? Look for the Dogecoin symbol next to the “order” button for Dogecoin-eligible products,” reads the section.

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Tesla launches Dogecoin payments for merch, but there’s a catch

Tesla has started accepting Dogecoin payments for company merchandise. However, the firm states that it will not issue refunds for purchases made in DOGE.

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Dogecoin community backs Elon Musk in bashing the US government

Tesla’s stock has been on a decline after the US government demanded the company to pay $11 in taxes in 2021. While the US government was not happy with getting the massive amount of money from the company, the crypto community was quick to reciprocate the support it got from the American businessman.

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Elon Musk says Tesla will start accepting DOGE for select merchandise

Elon Musk, the CEO of electric vehicle manufacturer Tesla, has said the company intends to accept Dogecoin (DOGE/USD) as payment for some merchandise. The DOGE proponent shared this exciting news for the token HODLers earlier today through a tweet.

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Elon Musk: DOGE to Be Accepted by Tesla for Merch "to See How It Goes"

Head of Tesla just tweeted that the company will launch some merch buyable with Dogecoin

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Elon Musk Sells Another $1B in Tesla Stock

The big Tesla sell-off is continuing as the enigmatic chief executive Elon Musk shifts another billion dollars worth of company stock. The post Elon Musk Sells Another $1B in Tesla Stock appeared first on BeInCrypto.

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Crypto Tesla Token Drops 7% Ahead Of Elon Musk’s Dump

The crypto Tesla token has dropped 7% in price following Elon Musk’s tweet asking his followers whether he should sell 10% of his shares in the company. Crypto Tesla Token Drops 7% In Value Ahead Of Elon Musk’s Dump As pointed out by an analyst on Twitter, the Tesla crypto coin dropped 6.8% after Musk […]

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Elon Musk To Sell 10% Of His Tesla Stocks To Buy Bitcoin? Community Speculates

The CEO of Tesla Elon Musk has shaken the finance world once more, and the consequences could impact Bitcoin. Via his Twitter account, Musk asked his followers if he should sell 10% or around $25 billion of his company’s stocks as a result of potentially new tax requirements on unrealized gains to be implemented in […]

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Elon Musk Is On Course To Become The World’s First “Dogecoin Trillionaire”

Eccentric CEO Elon Musk has already become the world’s richest person thanks to the ascendancy of his electric car maker Tesla. But observers believe it will be his fledgling space-exploration company SpaceX that pushes him to the mythical trillionaire status.

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You Can Now Buy A Pre-Owned Tesla With Dogecoin (DOGE)

Tesla has not yet added Dogecoin as a payment option for its electric vehicles but a software company specialized in blockchain-based solutions has found a way to make this dream somewhat a reality for the avid fans of the dog-inspired token.

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Elon Musk Hints Tesla Might Hold Close To 42k Bitcoin

Elon Musk, Tesla’s CEO, has hinted in a reply on a Twitter post that the company might own close to 42k Bitcoin. Elon Musk Hints Tesla Owns Around 42k Bitcoin Tesla shareholder Dave Lee has run a rough calculation on Twitter to show how many BTC the company owns. In his estimation, Lee has used […]

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Assessing whether Bitcoin's energy consumption makes sense

After Tesla's initial Bitcoin investment and payment support for Tesla purchases on 8 February 2021, many critics followed up on the company's position by alleging that the car-maker is supporting an The post Assessing whether Bitcoin's energy consumption makes sense appeared first on AMBCrypto.

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'Positive trend in Bitcoin's energy usage' is set to have this effect

Tesla is gearing up to start bringing in Bitcoin as a mode of payment again. This is most likely the path that the electric-car maker will be taking, but not before the company does some careful inspeThe post 'Positive trend in Bitcoin's energy usage' is set to have this effect appeared first on AMBCrypto.

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SpaceX Bought Bitcoin

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Elon Musk: I'm ready to pump bitcoin, but not dump it

Billionaire Elon Musk spoke about his cryptocurrency portfolio, and revealed that in addition to Tesla, his aerospace company SpaceX also invested in bitcoins.

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Elon Musk Says Tesla Will “Most Likely” Resume Accepting Bitcoin (BTC)

Tesla CEO Elon Musk hints the company might resume accepting bitcoin (BTC) payments. Tesla Could Resume Accepting Bitcoin Speaking at the B-Word Conference, alongside Ark Invest CEO, Cathie Wood, and Twitter CEO, Jack Dorsey, Musk said the EV firm “will most likely” resume accepting the premier cryptocurrency for purchases. Musk said: “It looks like bitcoinRead More

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MicroStrategy Stock Is 5.36% Up Thanks to Bitcoin, While Tesla, Coinbase and Square Shares Go Down

Recent public intention of MicroStrategy to get more BTC pushed its stock price up, but Colin Wu warns that the company may face enormous pressure on convertible bonds

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Elon Musk Capitulates On Bitcoin, Says Tesla Will Resume BTC Payments When Mining Gets Greener

In Tesla CEO Elon Musk’s latest on Bitcoin, he said the company will resume bitcoin payments once the mining industry gets greener.

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Elon Musk says Tesla will resume Bitcoin acceptance if majority of miners go ‘green’

Elon Musk, the CEO of electric carmaker Tesla, said today the company will reaccept Bitcoin payments for its cars provided the majority of miners use renewable sources to run their farms. The post Elon Musk says Tesla will resume Bitcoin acceptance if majority of miners go ‘green’ appeared first on CryptoSlate.

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Elon Musk Says Tesla Will Resume Accepting Bitcoin When Miners Confirm 50% Clean Energy Usage

Tesla CEO Elon Musk has announced that when there is “confirmation of reasonable (about 50%) clean energy usage by miners with positive future trend,” his electric car company will start accepting bitcoin for payments again.

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Blockchain.com’s Head Of Research Breaks Down State Of The Crypto Market And What’s Coming For Bitcoin

The month of May was not a great one for the world’s biggest cryptocurrency and June hasn’t shown significant signs of improvement, not to the casual observer at least. Bitcoin had reached highs of over $60,000 but experienced a 40% drop after Elon Musk announced his car-manufacturing company, Tesla, was suspending Bitcoin payments despite having […]

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Elon Musk’s New Move Against Bitcoin Is Starting to Backfire

People are pouring scorn on Tesla CEO Elon Musk. That’s according to data analyzed by Awario, a company that tracks sentiments in markets. Apparently, the backlash against Elon stems from his anti-Bitcoin tweets that have so far caused the digital asset a significant price drop.

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How Elon Musk Is Weakening The Bitcoin Hedge Narrative

The masses cheered as Tesla CEO Elon Musk added the Bitcoin hashtag to his Twitter bio, and later revealed his company would accept BTC for purchases. Since then, however, the moon man himself has done enormous damage to the crypto bull market structure, and to investor’s bottom lines. Worst of all, Musk is weakening the […]

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