FILE PHOTO: Representations of virtual currency Bitcoin are seen in front of Tesla logo in this illustration taken, February 9, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
February 7, 2022
(Reuters) – Tesla Inc said on Monday the fair market value of the electric-vehicle maker’s bitcoin holdings as of Dec. 31 was $1.99 billion.
The company had invested $1.50 billion in bitcoin and briefly accepted the cryptocurrency as a payment for sales of certain products last year.
(Reporting by Subrat Patnaik in Bengaluru; Editing by Shounak Dasgupta)
Source: One America News Network
