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Tesla
Dogecoin Soars as Elon Musk's Twitter Deal Nears Completion
The billionaire entrepreneur is supposed to close his purchase of the social media platform on Friday.
Tesla Made No Changes to Its Bitcoin Holdings in Third Quarter
The electric car company did not buy or sell any bitcoin in the quarter, after selling 75% of its holdings in the second quarter.
Barclays Remains Positive on Bitcoin; Elon Musk Reportedly Reignites Twitter Acquisition Plans
Barclays remains positive about bitcoin (BTC) long-term, and views bitcoin miner Core Scientific as a “best-in-class, leveraged play.” Plus, Bloomberg reports that Tesla CEO Elon Musk is offering to go through with his $44 billion Twitter deal, sending the social media stock price soaring.
Bitcoin Above $20K on Hopes of Fed Pivot
Delphi Digital Markets Associate Jason Pagoulatos discusses his outlook for bitcoin as the cryptocurrency breaks above $20K amid hopes that the Fed and other global central banks will pivot away from their money-tightening policies. Plus, how Tesla CEO Elon Musk's reported Twitter plans could impact the crypto markets.
Elon Musk Proposes to Proceed With Twitter Acquisition: Report
Tesla CEO Elon Musk has proposed moving forward with his on-again/off-again purchase agreement for Twitter at $54.20 per share, according to Bloomberg. The report comes just weeks before Elon Musk and Twitter are set to go to trial over Musk breaking off the deal.
Elon Musk Considered Creating Blockchain-Based Social Media Firm Before Offering to Buy Twitter
A series of text messages released as part of ongoing litigation over the failed $43 billion Twitter acquisition deal reveals Tesla CEO Elon Musk’s vision for a social media platform that would charge users to put short messages on a blockchain. “The Hash” panel discusses Twitter on the blockchain and Musk’s Web3 push.
Elon Musk Sends a Second Letter to Scrap Twitter Takeover Deal
Tesla CEO Elon Musk sent a second letter calling off his $44 billion acquisition of Twitter, according to a filing with the U.S. Securities and Exchange Commission (SEC). “The Hash” panel breaks down the latest on the Musk-Twitter saga.
Institutional Traders Have Mixed Views About Tesla’s Decision to Sell Bitcoin
“Macro and micro factors are complex, and cash on hand is welcome,” a trader interviewed by CoinDesk said.
Tesla Recorded $64M Gain on Bitcoin Sales in Q2
The electric car company also posted an impairment of $170 million on its remaining bitcoin holdings.
Accounting Rules Make the Outcome of Tesla’s Bitcoin Sale Unclear
After the car maker sold 75% of its bitcoin, Twitter piled on the company for losing money on the sale even though it didn’t.