Tesla announces the sale of most of its bitcoin – BBC News Mundo

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Tesla, which caused a whirlwind last year when it revealed a large investment in bitcoin, has sold almost all of its holdings of the cryptocurrency.

The electric car maker said he has gotten rid of 75% of his bitcoinwhich were worth about $2 billion at the end of 2021.

It is thus withdrawing from the cryptocurrency at a time when its value has plummeted, with a drop of more than 50% this year.

Tesla said that he bought traditional currencies with the US$936 million he got from the sale of bitcoin.

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Tesla announces the sale of most of its bitcoin – BBC News Mundo