Tesla Sold $ 272 Million worth of Bitcoin


Tesla, the world’s most popular electric and autonomous automobile manufacturer, invested $ 1.5 billion in Bitcoin last February. The company announced that it sold some of the Bitcoins it holds. Tesla made a profit of $ 272 million from this sale.

When we say electric cars directly to our minds Tesla Elon Musk is the company and the man in charge of this company. Coming to the agenda with the innovations made by both SpaceX and Tesla companies Elon Muskis also known for dealing with cryptocurrencies. Especially Dogecoin Shaking the stock market with his tweets about, Musk’s investments in Bitcoin are also not overlooked.

Electric vehicle company headed by Elon Musk Tesla, last February 1.5 billion dollars worth Bitcoin had made the investment. It was not surprising that Elon Musk’s company, which was constantly shaking the stock market, made such an investment. Two months later today, an incident in the company’s financial report for the first quarter of 2021 showed that Tesla’s investment is improving.

Tesla made a profit of $ 272 million from his Bitcoin investment:

Tesla sold some of the Bitcoins it bought in February, according to the shared financial report. According to the amount written in the report, Tesla sold about $ 272 million worth of Bitcoin. In the report “Cash Flow Statementcompany in the table ” “Income from the sale of digital assets” part of $ 272 million It says that a profit has been made.

If you remember, in a news we made last month, we stated that Tesla will receive payments with Bitcoin. It seems that Tesla’s relationship with Bitcoin is also getting better. If it goes like this, we can see the company investing more Bitcoin.