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CoinGape 2022-02-07 13:21:32

Tesla ($TSLA) Suffers $101 Million Impairment Losses on Bitcoin Holdings in 2021

Tesla, the electric car maker, revealed that it suffered a loss of around $101 million of impairment losses from changes in the value of its bitcoin holdings in 2021. Tesla is reported to have invested an aggregate of $1.5 billion in bitcoin in the first quarter of 2021, reports Reuters. Tesla reveals figures in a The post Tesla ($TSLA) Suffers $101 Million Impairment Losses on Bitcoin Holdings in 2021 appeared first on CoinGape.

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