BREAKING: Elon Musk’s Tesla Sold 75% of Its Bitcoin – Bitcoin Magazine

[ad_1] Today, it was announced in a Q2 update by Tesla that the electric car manufacturer had sold 75% of its bitcoin holdings.  “As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency,” the update stated. “Conversions in Q2 added $936M of cash to our balance sheet.”  […]