Cryptocurrency

Tesla Sold 75 Percent of Bitcoin Holdings Over Concerns of ‘Overall Liquidity’, Musk Says

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Tesla Sold 75 Percent of Bitcoin Holdings Over Concerns of ‘Overall Liquidity’, Musk Says

Tesla has sold around 75 percent of its Bitcoin holdings in the second quarter, the company has revealed. The cryptocurrency rebounded after a short sell-off on Wednesday on the news. Tesla, which bought $1.5 billion (roughly Rs. 12.000 crore) of the cryptocurrency at the peak of its massive growth and popularity, sold $936 million (roughly Rs. 7,500 crore) worth of b…

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