Bitcoin Gives up Some Gains As Elon Musk's Tesla Sells 75% of BTC Stash

Seeking Alpha2022-07-21

Bitcoin (BTC-USD) is giving up some earlier gains in late Wednesday afternoon trading, as Tesla (NASDAQ:TSLA) disclosed in its Q2 earnings report that it has sold 75% of its position in the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

4West
2022-07-21
4West
Urgh
RS142
2022-07-21
RS142
Yes 👍👍
YnR V
2022-07-21
YnR V
[Thinking]
Kiki19
2022-07-21
Kiki19
Please like
TaiJin
2022-07-21
TaiJin
[Miser]
bluefun
2022-07-21
bluefun
Avoid

Leave a comment

111

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1118462597?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-07-21 08:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1118462597","market":"other","top_or_hot":-1,"title":"Bitcoin Gives up Some Gains As Elon Musk's Tesla Sells 75% of BTC Stash","media":"Seeking Alpha","content":"<div>\n<p>Bitcoin (BTC-USD) is giving up some earlier gains in late Wednesday afternoon trading, as Tesla (NASDAQ:TSLA) disclosed in its Q2 earnings report that it has sold 75% of its position in the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3858845-bitcoin-gives-up-some-gains-as-elon-musks-tesla-sells-75-of-btc-stash\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Gives up Some Gains As Elon Musk's Tesla Sells 75% of BTC Stash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Gives up Some Gains As Elon Musk's Tesla Sells 75% of BTC Stash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 08:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3858845-bitcoin-gives-up-some-gains-as-elon-musks-tesla-sells-75-of-btc-stash><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin (BTC-USD) is giving up some earlier gains in late Wednesday afternoon trading, as Tesla (NASDAQ:TSLA) disclosed in its Q2 earnings report that it has sold 75% of its position in the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3858845-bitcoin-gives-up-some-gains-as-elon-musks-tesla-sells-75-of-btc-stash\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://seekingalpha.com/news/3858845-bitcoin-gives-up-some-gains-as-elon-musks-tesla-sells-75-of-btc-stash","article_id":"1118462597","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1118462597","pubTimestamp":1658361695,"sourceInfo":null,"weMediaInfo":null,"summary":"Bitcoin (BTC-USD) is giving up some earlier gains in late Wednesday afternoon trading, as Tesla (NAS","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"随着埃隆·马斯克的泰斯拉出售75%的比特币库存，比特币放弃了一些涨幅","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"Bitcoin (BTC-USD) is giving up some earlier gains in late Wednesday afternoon trading, as Tesla (NASDAQ:TSLA) disclosed in its Q2 earnings report that it has sold 75% of its position in the cryptocurrency worth $936M.Over the past24 hours, the world's largest digital token by market cap (BTC-USD) is flipping to negative territory, changing hands at $23.3K as of shortly before 5:30 p.m. ET vs. an intraday high of $24.2K.The move comes even after Tesla (TSLA) CEO Elon Musk's remarks in March that he wasn't planning to sell his personal stakes in bitcoin (BTC-USD), ethereum (ETH-USD) and dogecoin (DOGE-USD).Since then, bitcoin (BTC-USD) is off nearly 41%, ether (ETH-USD) is down around40%and doge (DOGE-USD)-39%in the wake of a broad market downturn, according to this chart.This isn't the first time that Tesla (TSLA) liquidated some of its bitcoin (BTC-USD) stash. The electric car manufacturer sold $300M of BTCin Q1 2021 for what looked to be a decent profit.Previously, (June 13) Tesla could take a big loss on its Bitcoin bets.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9074277734,"gmtCreate":1658368202028,"gmtModify":1676536148597,"author":{"id":"4112575701443832","authorId":"4112575701443832","name":"4West","avatar":"https://community-static.tradeup.com/news/4f1621f91b85bb6814f52425dfbe6add","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Urgh","listText":"Urgh","text":"Urgh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074277734","repostId":1118462597,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074270286,"gmtCreate":1658367473045,"gmtModify":1676536148374,"author":{"id":"3574118564601995","authorId":"3574118564601995","name":"RS142","avatar":"https://static.tigerbbs.com/22d2d9b1f352da24e6ea75b557ac987a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Yes 👍👍","listText":"Yes 👍👍","text":"Yes 👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074270286","repostId":1118462597,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074266205,"gmtCreate":1658364504507,"gmtModify":1676536147543,"author":{"id":"4117923877834922","authorId":"4117923877834922","name":"YnR V","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"[Thinking]&nbsp;","listText":"[Thinking]&nbsp;","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074266205","repostId":1118462597,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074261454,"gmtCreate":1658364355778,"gmtModify":1676536147495,"author":{"id":"4097387260130260","authorId":"4097387260130260","name":"Kiki19","avatar":"https://static.itradeup.com/news/1330ce44324f235bf8d1fd1b32e7b559","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074261454","repostId":1118462597,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074269566,"gmtCreate":1658364128955,"gmtModify":1676536147447,"author":{"id":"3585363622677550","authorId":"3585363622677550","name":"TaiJin","avatar":"https://static.tigerbbs.com/24d2d840485600ee9789f516e956a70f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074269566","repostId":1118462597,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074282490,"gmtCreate":1658363886010,"gmtModify":1676536147297,"author":{"id":"3560825566709184","authorId":"3560825566709184","name":"bluefun","avatar":"https://static.tigerbbs.com/84fe19aaaddc330d697022fc5b1a032d","vip":2,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Avoid&nbsp;","listText":"Avoid&nbsp;","text":"Avoid","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074282490","repostId":1118462597,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":111,"commentSize":13,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1118462597"}