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Tesla Reveals How Much Impairment Losses It Suffered On Its Bitcoin Holdings In 2021

Tesla Reveals How Much Impairment Losses It Suffered On Its Bitcoin Holdings In 2021

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Tesla Inc. (NASDAQ:TSLA) in a filing with the U.S. Securities and Exchange Commission on Monday morning revealed that it suffered impairment losses of $101 million on its Bitcoin (CRYPTO: BTC) holdings in 2021. What Happened: The electric vehicle maker said the fair market value of its Bitcoin holdings at the end of the year was $1.99 billion.

...read full article on Benzinga

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