Crypto News Bulletin from coinnounce

Monday February 22, 2021 6:08 AM
6 days 9 hours ago

Tesla has made roughly $1 billion in profits from its bitcoin investment, analysts estimate.

According to Daniel Ives, an analyst at Wedbush Securities, Tesla has made roughly $1 billion in paper profits from its investment into bitcoin. As reported by CNBC, the electric car company is “on a trajectory to make more from its Bitcoin investments than profits from selling its EV (electric vehicle) cars in all of 2020,” […]