Institutional Traders Have Mixed Views About Tesla's Decision to Sell Bitcoin - CoinDesk

7/26/2022 12:00:00 AM2 years 9 months ago
by Shaurya Malwa
by Shaurya Malwa
“Macro and micro factors are complex, and cash on hand is welcome,” a trader interviewed by CoinDesk said.
Electric car maker Tesla (TSLA) sold over $936 million of bitcoin (BTC) in the second quarter amid a broad crypto-market decline and weakening economic conditions. That sale led to generally positive… [+3732 chars]
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