Electric car manufacturer Tesla saw some USD 101m of impairment losses in 2021 as a result of bitcoin (BTC) price changes and therefore in the value of the company’s BTC holdings.
This was disclosed in a filing with the US Securities and Exchange Commission (SEC) for the previous fiscal year, in which the company stated that:…
Read More: Tesla Reports USD 101M of Impairment Loss from Bitcoin Investments in 2021
Tesla Reports USD 101M of Impairment Loss from Bitcoin Investments in 2021
