Tesla And Other Cars Sold For Bitcoin
The biggest Bitcoin car sale in European history was made on January 18th. This happened thanks to the Auto Outlet Helsinki Oy who sold a Tesla Model S P85+ for an amount in bitcoin equivalent to €140.000. “We managed to do this first transaction and saw how it works, so we will now definitely start promoting it. Several other requests have been already towards us. And we have a great staff who are not suspicious on new innovations”, said Auto Outlet CEO Jukka Sinisalo. “In Finland it has been possible to pay for large range of services with Bitcoin over a year now. In fact, thanks to the....
Related News
Another Finland based company that rents luxury yachts, NAMI, has integrated Bitcoin as a payment option. Miika Toivonen from Luxury Collection by Auto-Outlet has already sold Tesla electric cars and other premium-cars with Bitcoin and is willing to extend Bitcoin payments as a part of his other businesses as well, this time, luxury yachts. Miika Toivonen, Director of NAMI, says: “We’re always willing to take part on everything that is new, like selling Teslas with Bitcoin, so why cant we also rent yachts as well. So far we’ve sold a nice amount of Tesla electric cars around Europe, so I....
Tesla has converted approximately 75% of its bitcoin into fiat currency. The cryptocurrency sales left the electric car company holding digital assets worth $218 million. “We are certainly open to increasing our bitcoin holdings in the future,” Tesla CEO Elon Musk said, adding: “We have not sold any of our dogecoin.” Tesla Sold About 75% of Its Bitcoin Holdings Elon Musk’s electric car company, Tesla, released its Q2 earnings report Wednesday. The company wrote: As of the end of Q2, we have converted approximately 75% of our bitcoin purchases into fiat....
Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric car company “has not sold any bitcoin.” The Technoking of Tesla got into a heated debate with the bitcoin community Sunday after he announced that Tesla has suspended accepting bitcoin for payments due to environmental concerns. Elon Musk Confirms Tesla Has Not Sold Its Bitcoins Tesla CEO Elon Musk got into a string of heated discussions with bitcoiners on Sunday which led to speculation that Musk’s electric car company may have sold its bitcoins or is....
Tesla may have realized some of its Bitcoin profits, but CEO Elon Musk continues to hodl. Billionaire entrepreneur Elon Musk has taken to Twitter to assure the crypto community that he has not sold any of his personal BTC stash, despite his company Tesla realizing profits from its recent Bitcoin buys.Musk’s comments came in response to accusations from comedian Dave Portnoy that the Tesla CEO had profited from a Bitcoin pump and dump engineered through his public statements supporting the cryptocurrency.Rejecting Portnoy’s assertion, Musk stated that “Tesla sold 10% of its holdings....
Tesla’s unrealized profit from “hodling” Bitcoin could be the equivalent of upscaling the company’s daily car sales by over 860%. It has been 37 days since Tesla announced its $1.5 billion Bitcoin (BTC) purchase in a filing document with the United States Securities and Exchange Commission.While the exact BTC purchase size was not revealed in the document, with Bitcoin trading between $29,000 and $37,000 in January, Tesla’s $1.5 billion outlay could mean the company holds at least 40,000 BTC.Based on these speculative figures and the Bitcoin price increase since the end of January, Tesla’s....