en
Back to the list

As BTC Plummets to $19,000, Elon Musk's Tesla Reports $440 Million Impairment Losses

source-logo  coingape.com 04 July 2022 04:44, UTC

The world’s largest cryptocurrency Bitcoin (BTC) has struggled to keep up with its recovery and has been trading under pressure at a price of $19,000. After the massive price crash in the BTC price this year, Elon Musk’s Tesla Inc (NASDAQ: TSLA) has been facing a $440 million write-down on its Bitcoin holdings.

coingape.com