Tesla Sold $936M Worth of Bitcoin in Q2, but Kept Dogecoin

Jul 21, 2022

Electric car maker Tesla sold $936 million worth of bitcoin, or 75% of its holdings, in the second quarter to maximize its cash position, CEO Elon Musk said. He added that “we were concerned about overall liquidity for the company, given COVID shutdowns in China. And we have not sold any of our dogecoin.”

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