Tesla says “bitcoin impairment” had a negative impact on its Q2 profitability and that it has sold 75% of its bitcoin, worth approximately $936M, in the quarter (Stacy Elliott/Decrypt)

Tesla says “bitcoin impairment” had a negative impact on its Q2 profitability and that it has sold 75% of its bitcoin, worth approximately $936M, in the quarter (Stacy Elliott/Decrypt)

Stacy Elliott / Decrypt:
Tesla says “bitcoin impairment” had a negative impact on its Q2 profitability and that it has sold 75% of its bitcoin, worth approximately $936M, in the quarter  —  “Bitcoin impairment” prompted the sale, the company said.  —  Tesla sold 75% of its Bitcoin, worth approximately $936 million …