Goodbye Bitcoin: Elon Musk’s Tesla Sells 75% of Its Holdings in Cryptocurrency

From being a great precursor of cryptocurrencies to getting rid of up to 75% of its holdings in crypto assets, this has been the behavior of the electric car manufacturing company, Tesla.

The company of Elon Musk which in the past had promoted investment in Bitcoin, now announced that it sold about 75% of its investments in that cryptocurrency, obtaining about $936 million in traditional currencies.

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Goodbye Bitcoin: Elon Musk’s Tesla Sells 75% of Its Holdings in Cryptocurrency