During Today’s Tesla earnings call, Tesla CEO Elon explained the reason for the company’s sale of 75% of its Bitcoin holdings, worth approximately $936 million, as noted in its Q2 earnings report. Although China had eased COVID restrictions in major cities at the end of May.As a result, China’s “zero COVID policy” is again being put to the test, prompting new warnings of larger economic headwinds.
Bitcoin (BTC) $ 29,397.00 0.1%
Ethereum (ETH) $ 1,844.66 0.29%
BNB (BNB) $ 239.12 0.76%
Solana (SOL) $ 24.45 0.87%
Polkadot (DOT) $ 5.00 0.24%
Cosmos Hub (ATOM) $ 8.37 0.78%
Flow (FLOW) $ 0.555415 0.08%
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