Tesla holds bitcoin treasury steady, reports $112M impairment loss

The electric vehicle maker maintained its 11,509 BTC treasury through the second quarter as bitcoin declined 14%, alongside mixed earnings that beat revenue expectations but missed on profit....
Coins in this story
Related stories

Galaxy puts $5 million behind Bitcoin’s race to migrate before quantum risk arrives
Bitcoin is safe today, but signatures, software, custodians and users would need years to coordinate a defense. The post Galaxy puts $5 million behind Bitcoin’s race to migrate before quantum risk arrives appeared first on CryptoSlate....

SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws
The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are structured and operated....

Crypto’s US Workforce Is Tiny, But Industry Punches Above Its Weight: Report
Bitcoin Magazine Crypto’s US Workforce Is Tiny, But Industry Punches Above Its Weight: Report There aren't that many crypto jobs in the US but the industry contributes a lot, a new report says. This post Crypto’s US Workforce Is Tiny, But Industry Punches Above Its Weight: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo....