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Tesla holds 11,509 Bitcoin despite another $112M quarterly loss – TON BOT

Tesla holds 11,509 Bitcoin despite another $112M quarterly loss

Tesla kept its 11,509 Bitcoin reserve unchanged despite recording a $112 million after-tax loss on digital assets during the second quarter. The loss was due to Bitcoin’s decline in value. Tesla’s revenue exceeded expectations, but adjusted earnings and free cash flow were disappointing. Tesla has not bought or sold Bitcoin since selling most of its original position in 2022. The company continues to hold the remaining coins through market price fluctuations.


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