Tesla Sold 75% of Its Bitcoin at an Inopportune Time, Forfeiting Billions in Potential Gains
3 week ago / Read about 0 minute
Author:小编   

Tesla's second-quarter revenue and profits fell below expectations, and a detail that was not fully disclosed in its investor presentation was the significant increase in the company's digital asset valuation. This valuation reached $1.24 billion, a substantial jump from $722 million a year prior. Nevertheless, for those closely monitoring the cryptocurrency market, it is evident that Tesla missed a lucrative opportunity to capitalize on potential billion-dollar gains.