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What was the exact date when Tesla sold their Bitcoin holdings?

avatarM Osama javaid WaraichDec 15, 2021 · 3 years ago3 answers

Can you tell me the specific date when Tesla sold their Bitcoin holdings? I'm curious to know the exact timing of their decision.

What was the exact date when Tesla sold their Bitcoin holdings?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! Tesla sold their Bitcoin holdings on April 27, 2021. It was a significant move that caught the attention of the cryptocurrency community. The sale happened after Tesla announced that they will no longer accept Bitcoin as payment for their electric vehicles due to environmental concerns. This decision had a notable impact on the Bitcoin market, causing a temporary drop in its price.
  • avatarDec 15, 2021 · 3 years ago
    Tesla sold their Bitcoin holdings on April 27, 2021. This move was unexpected for many, as Tesla had previously shown support for Bitcoin by investing $1.5 billion in the cryptocurrency. However, concerns over the environmental impact of Bitcoin mining led to their decision to divest. This event sparked discussions about the sustainability of cryptocurrencies and their potential effects on the environment.
  • avatarDec 15, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, can provide you with the exact date when Tesla sold their Bitcoin holdings. They have access to real-time data and can provide accurate information regarding this event. You can reach out to their customer support for more details.