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Elon Musk Clarifies Tesla Hasn’t Sold Bitcoin

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And it didn’t end there. At about 1:56 a.m., Musk clarified that Tesla has not sold any bitcoin, sending the price up to about $44,900, but not recovering all of the day’s losses. Elon Musk

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Did Elon Musk Really Sell His Bitcoin? PAT Testing

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Elon Musk’s decision to invest in the crypto asset was criticized internally and proof of liquidity test was deemed necessary to put investor’s minds at ease. The company still plans to hold Bitcoin in the long term. Tesla even began accepting Bitcoin as a method of payment for their electrical vehicles in the US.

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Did Elon Musk Sell His Bitcoin? Tesla Halts Bitcoin Payments

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I have not sold any of my Bitcoin. Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet. — Elon Musk

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Did Elon Musk Sell His Bitcoin? No. Tesla CEO Explains Why

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Elon Musk said his Tesla Inc has told 10 per cent of its Bitcoin holdings to prove the liquidity of the cryptocurrency. Elon Musk clarified that he has not sold any of his own bitcoin, retaining

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Why Did Elon Musk Owned Tesla Sell 10 Percent Of Its Bitcoins?

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After Elon Musk owned Tesla sold 10 percent of its Bitcoin holdings on Tuesday, 27 April, many Bitcoin believers alleged that Elon Musk has pumped the cryptocurrency and then sold it …

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Elon Musk Implies Tesla May Sell Or Has Sold Bitcoin

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Elon Musk continued to whipsaw the price of Bitcoin, briefly sending it to the lowest since February after implying in a Twitter exchange Sunday that Tesla Inc. may sell or has sold its

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Elon Musk Bitcoin Scam Or Legit Did He Invest?

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Elon Musk Bitcoin – Viral Trend. On February 8, 2021, Tesla bought about $1.5 Billion into Bitcoin and started receiving payments in bitcoin. In one of Elon Musk Bitcoin tweets, he relayed that Tesla buying into bitcoin was majorly for flexibility and diversification to generate more income for the company.

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Elon Musk’s Tesla Sold Bitcoin In Q1, Earnings Report

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The of $272 million in Bitcoin sale contributed to a record quarterly net income for Elon Musk's company of $438 million. While bullish for Tesla, it's perhaps less so for Bitcoin, the price of which was up about 10% on the day before Tesla's announcement. CEO Musk's public proclamations, often in tweet format, help move markets.

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Elon Musk Says Tesla Sold 10% Of Its Bitcoin To Show It's

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Musk has not said how much bitcoin he owns, but his latest tweet suggests he's not planning to sell it. Bitcoin climbed above $54,500 on Tuesday, rising 16% from a …

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Did Elon Musk Sell His Bitcoins? Elon Clarifies. Crypto

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Soon after the news spread, we saw a major jump in the Bitcoins’ price. Today it is trading at 53,596 USD or 40 lakh INR, at the time of writing. Tesla recently announced in their Q1 earning’s result, they liquidated 10% of their Bitcoin holdings for $272 million. Many, in twitter, did not seem to have liked Elon’s selling Bitcoin news.

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Elon Musk Clarifies That 'Tesla Has Not Sold Any Bitcoin'

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Tesla CEO Elon Musk clarified in a tweet early Monday that the electric vehicle maker “has not sold any Bitcoin.”. “To clarify speculation, Tesla has not sold any Bitcoin,” Musk said in a

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How Did Elon Musk Impact Bitcoin? Interactivecrypto

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Why Elon Musk Suddenly Fallen Out with Bitcoin. In 2020, Elon Musk embraced Bitcoin and other cryptocurrencies, and this sentiment drove up the price of the currency. He even declared that buyers could purchase Tesla vehicles using Bitcoin. However, this action was paused in May 2021 because of the excessive energy consumption of Bitcoin.

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Did Elon Musk Sell His Bitcoins? Here's More About His

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Did Elon Musk sell his Bitcoins? Elon Musk has been the talk of the town because of his actions related to Bitcoin. The people are currently trying to ask if he really sold his Bitcoins or not. He did not sell any Bitcoins from his personal investment but confirmed that his company, Tesla Inc has successfully managed to sell 10 per cent of its

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Elon Musk Bitcoin How Did He Invest? Truth Exposed

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Bitcoin Evolution. Bitcoin Evolution has also been wrongly associated with Elon Musk. This robot reportedly has a win rate of 93%. Consequently, it ranks among the …

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Did Elon Musk Really Cause The Bitcoin Price Crash?

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Tesla has significant Bitcoin holdings (it bought around $1.5 billion of the cryptocurrency in January 2021), and although Musk has signaled his discontent, the company is yet to sell. In the 24-hours following Musk's tweet, over $400 billion was wiped off the global Bitcoin market, in no short part due to the reactions of Elon Musk's 52

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No, Elon Musk Didn't Sell Tesla's Bitcoin Stockpile The

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To clarify speculation, Tesla has not sold any BitcoinElon Musk (@elonmusk) May 17, 2021 The price of Bitcoin rallied soon after, but still trades below $45,000, down …

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Elon Musk Rattles Bitcoin, But It May Just Be Green

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Elon Musk’s Tweet Wiped Out $360 Billion Worth of Bitcoin. It May Have Been Marketing for Tesla. Elon Musk wiped out more than $360 billion of value in Bitcoin with a …

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Elon Musk Confirms He Owns Bitcoin, Has Not Sold Any

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Elon Musk Owns Bitcoin and Has Not Sold Any The news of Tesla selling some of its bitcoins went viral on social media and many people on Twitter are upset with Elon Musk

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Why Is Elon Musk Saying NO To Bitcoins? CEO Changes Mind

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Musk isn't entirely wrong. According to Digiconomost, Bitcoin consumes as much electricity annually as The Netherlands and has a carbon footprint comparable to Singapore.It isn't an accident though, cryptocurrencies are meant to be energy-hungry by design. Here's a simplified version of why, as explained by The Verge: "Without a bank’s security systems, bitcoin

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Did Elon Musk Just Suggest Tesla Is About To Dump Its Bitcoin?

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Tesla and SpaceX CEO Elon Musk appeared to imply on Twitter on Sunday that Tesla has sold, or plans to sell, its Bitcoin. When Twitter user @CryptoWhale tweeted the hypothetical scenario that “Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their #Bitcoin holdings,” Musk replied with a single

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'Tesla Has Not Sold Any Bitcoin', Says Elon Musk To End

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The latest clarification comes a day after Musk implied in a Twitter exchange on Sunday that Tesla sold or may sell the rest of its bitcoin holdings. Bitcoin steadied at $44,900 per coin after

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Why Elon Musk Has Suddenly Fallen Out With Bitcoin

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That love affair between Elon Musk and Bitcoin? It's just become complicated. It's been a rough couple of days in crypto world, with prices of most major crypto assets plummeting — Bitcoin, in

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How Much Did Elon Musk Invest In Bitcoin? We 7

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As the events transpired, Musk saw his actions being lauded by the crypto community worldwide. However, in April, Tesla decided to sell 10% of its Bitcoin holdings. This created a panic among investors who started selling their respective holdings, creating a situation of …

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Tesla Stock And Bitcoin Drop After Elon Musk Says Car

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Musk did say that Tesla would not sell any of the bitcoin owned by Tesla currently, and would use it again “as soon as mining transitions to more sustainable energy.”

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Why Elon Musk's Bitcoin Uturn Caused A Crypto Crash CBS

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Why Elon Musk's bitcoin U-turn caused a crypto crash. By Stephen Gandel But nearly a quarter of those profits, or $101 million, came from selling a portion of the company's stake in bitcoin.

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Tesla Buys $1.5 Billion In Bitcoin, Plans To Accept It As

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Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin. The company also said it would start accepting bitcoin as a payment method for its products. CEO Elon Musk

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Elon Musk Sends Bitcoin Tumbling With Stunning UTurn On

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Elon Musk said the company won't be selling any of the Bitcoin it holds. Tesla Inc.'s Chief Executive Officer Elon Musk said the electric-vehicle manufacturer is suspending purchases with Bitcoin

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Did Elon Musk Just Make Himself A Forced Seller Of Bitcoin

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Elon Musk hadn’t already liquidated Tesla’s remaining Bitcoin, he’s doing it now. My math is that buying $1.5B USD of BTC over February would have been acquired at roughly 35K each, which comes out to 42,857 BTC, of which they reported having sold 10%, so roughly 4,200.

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Did Tesla Sell All Its Bitcoin Holdings?

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Bitcoin ripped lower over the past few days after Elon Musk seemed to indicate that Tesla might be dumping their Bitcoins or have already dumped. This isn't the case, however, as Musk clarified that Tesla had not sold any Bitcoin. This news resulted in Bitcoin stabilizing a bit around the $45,000 mark. -

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Elon Musk Says He Won't Sell Any Dogecoin Bitcoin News

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Elon Musk Will Not Sell His Dogecoins. the environmental debate between Musk and the bitcoin community has escalated with a growing number of people trying to show Musk

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Hours After Sparking A Cryptocurrency Selloff, Elon Musk

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Cryptos Hours after sparking a cryptocurrency selloff, Elon Musk says Tesla ‘has not sold any bitcoin’ Last Updated: May 17, 2021 at 8:28 a.m. ET First Published: May 16, 2021 at …

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A Tweet From Elon Musk Crashed Bitcoin And This New Tweet

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Almost two weeks ago, Elon Musk announced that Tesla would no longer accept Bitcoin (BTC) as payment for its environmental impact. This caused a …

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Elon Musk Implies Tesla Is Selling Its Bitcoin, Causing

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The damage was already done. Last night, Tesla CEO Elon Musk replied “indeed” to a tweet suggesting that Tesla had sold — or was planning to sell — its considerable Bitcoin

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Whatever Elon Musk Tweets, Tesla Might Be Selling Bitcoin

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Selling more crypto would help. Did Tesla Sell Bitcoin? Its China Sales Are a Clue. I know Elon Musk . tweeted something indicating otherwise, but that isn’t always a rock-solid

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Bitcoin Price Lower After Musk Tweet Reuters

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The price of Bitcoin traded below $45,000 on Sunday after a tweet by Tesla CEO Elon Musk, an outspoken supporter of cryptocurrency, suggested Tesla …

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Did Elon Musk Hint That Tesla Has Broken Up With Bitcoin?

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Elon Musk: Tesla is suspending Bitcoin payment options until it’s more sustainable. If Tesla did sell any of its Bitcoin, it would be a considerable blow to the Crypto’s valuation

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Musk Says Tesla SUSPENDING Bitcoin Use, Citing

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The about-face comes less than two months after Musk announced that Tesla would be accepting bitcoin as payment for vehicles, having bought an estimated $1.5 billion worth of the cryptocurrency by late March.. Also on rt.com ‘It’s a hustle’: Elon Musk DESTROYS Dogecoin as he brings crypto memes to his episode of SNL. Bitcoin’s price plummeted after Musk’s tweet, …

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Q2 Earnings Report Finally Confirms Elon Musk's Tesla Didn

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Elon Musk subsequently said the sale was done to test Bitcoin’s liquidity potential and prove to stakeholders that the cryptocurrency could serve as a reserve asset. Confirmation that Tesla didn’t sell its BTC was as much a crucial as Amazon’s public disclaimer against media reports that the company was planning to accept Bitcoin and even

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What Elon Musk Says About Tesla’s Investment In Bitcoin

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On February 8, electric car maker Elon Musk revealed Tesla’s (NASDAQ:TSLA) US$1.5 billion investment in Bitcoin. It’s a no-brainer that Elon Musk fans went into herd mentality and started buying Bitcoin. CNBC blamed Musk for inflating Bitcoin by posting positive messages about it on his Twitter account.

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Bitcoin Price Drops 12% After Elon Musk Tweets That Tesla

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The price of bitcoin has nosedived after Tesla CEO Elon Musk said his company was suspending plans to accept the cryptocurrency as payment for electric vehicles.

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Bitcoin Crash: Elon Musk Ditches Bitcoin. Should You Do

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Bitcoin: Should You Sell? Bitcoin bulls are calling “BS” on Elon’s sudden reversal on the cryptocurrency. Indeed, Elon has immediately became enemy number one in the Bitcoin

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‘What Does The Future Hodl?’—Elon Musk Primes Bitcoin And

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Elon Musk, the meme-happy Telsa billionaire who has helped bitcoin reach a $1 trillion market capitalization this year, continues to tease the cryptocurrency market. The bitcoin price, after

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Tesla Accused Of Secretly Selling Part Of Bitcoin Hoard

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Musk, meanwhile, maintains that Tesla has held onto its Bitcoin riches. In mid-May, the enigmatic billionaire tweeted that Tesla “has not sold any Bitcoin

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Is Elon Musk Investing In Bitcoin? Quora

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Answer (1 of 17): Elon Musk has just revealed that he is a great Bitcoin supporter for whom he sees a bright future. However, he didn't say whether he actually owns Bitcoin. What he said rather suggests the opposite: > “So, clearly I should have bought some Bitcoin 8 …

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Wanting More BTC Without Buying It? Elon Musk Shows You

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Elon Musk found a strategy to accumulate more BTC without buying any. Elon Musk has found the recipe to get even more BTC without buying any. To do this, Elon Musk will sell Tesla cars for Bitcoin. This inspired me the following thought that I shared on Twitter:

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Elon Musk: "I Didn't Sell My Own Bitcoins" Binaryx

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Elon Musk: “I Didn’t Sell My Own Bitcoins”. Tesla founder and billionaire Elon Musk said that he still hodl his bitcoins. At the same time, the company itself received income from the sale of BTC for $101 million. An awkward situation started with a …

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Why Did Elon Musk's Tweets Have A Cascading Effect On

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What does Elon Musk do for entertainment amid building spaceships, hyperloop systems, and running an electric vehicle business, Tesla? A majority in the crypto community would say, ‘pump and dump‘ or ‘fooling around’ with crypto coins and their price actions. Such has been the case over the past few months. Every tweet of Musk, who has over 55 million followers on Twitter, …

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Elon Musk And Dogecoin On SNL 5 Reasons To Buy

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The witching hour for the buy Dogecoin crowd draws near, as NBC drops a teasing SNL trailer in which Elon Musk, aka the Dogefather, promises he’ll be “good-ish”.

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Elon Musk Announces 'Tesla Is Not Selling Bitcoin' Okupark

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The change comes days after Musk said the company plans to hold the bitcoin it already owns rather than sell it, and use it for transactions as mining transitions to more sustainable energy. Tesla did not immediately respond to a request for comment. The change comes just days after Elon said the company plans to hold the bitcoin it already owns rather than sell it, and use it …

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