Tagged: tesla

April 26, 2021 @ 6:51 pm By JD Alois  |  

Tesla (NASDAQ:TSLA) announced Q1 2021 earnings today that beat on both the top and bottom line. Included in the presentation deck was the fact that Tesla holds cryptocurrency, specifically Bitcoin as part of its treasury strategy. In the deck, Tesla states: “Quarter-end cash and cash… Read More

April 18, 2021 @ 2:07 pm By Omar Faridi  |  

Cathie Wood’s ARK funds has reportedly acquired additional shares of digital assets firm Coinbase Global Inc (NASDAQ:COIN). ARK reportedly made the purchase on Friday (April 16, 2021). The company also sold some of its Tesla (NASDAQ: TSLA) shares. ARK acquired 187,078 shares of Coinbase, which… Read More

April 12, 2021 @ 9:20 am By JD Alois  |  

Binance has announced the launch of digital securities including fractional shares with zero commissions. The world’s largest digital asset exchange has taken a natural next step to offer investors both traditional and crypto-assets. Binance is providing the service in partnership with CM-Equity AG, licensed in… Read More

March 26, 2021 @ 1:40 pm By Omar Faridi  |  

Leading social trading platform eToro (which recently announced it will go public in a SPAC deal via FinTech Acquisition Corp. V with valuation pegged at $10.4 billion), noted in an update published earlier this week that stimulus checks had turned the cryptocurrency market green –… Read More

March 24, 2021 @ 8:23 am By JD Alois  |  

In a series of Tweets, Tesla CEO Elon Musk said consumers may now purchase a Tesla and pay with Bitcoin.   You can now buy a Tesla with Bitcoin — Elon Musk (@elonmusk) March 24, 2021 Musk went on to explain that this functionality is… Read More

March 4, 2021 @ 7:18 pm By Omar Faridi  |  

We recently connected with Pankaj Balani, Co-founder and CEO at Delta Exchange, an established digital assets derivatives trading platform. Delta Exchange offers cryptocurrency futures and derivatives trading across Bitcoin and major altcoins with up to 100x leverage. As previously reported, the company aims to support… Read More

February 28, 2021 @ 5:32 pm By Omar Faridi  |  

Tesla Inc’s recent Bitcoin investment has “reignited” mining FUD, according to Compass, a “Bitcoin-first” company that aims to support the “decentralized” growth of hashrate and “strengthen network security” by helping people learn, explore and mine Bitcoin. Compass notes that by dropping $1.5 billion into BTC,… Read More

February 22, 2021 @ 8:52 pm By Omar Faridi  |  

JP Morgan says that Bitcoin (BTC) is like an “economic side show” when compared to the emergence of many new Fintech businesses. The bank’s analysts have argued that Bitcoin is a poor hedge against the falling equity prices. The world’s leading digital currency is trading… Read More

February 22, 2021 @ 7:42 am By Omar Faridi  |  

Elon Musk’s Tesla Inc (NASDAQ:TSLA) has already made a billion dollars in profits from its fairly recent $1.5 billion Bitcoin (BTC) purchase. Notably, these dramatic gains could be substantially more than what Tesla may have made off of its car sales during 2020, according to… Read More

February 13, 2021 @ 9:50 am By Omar Faridi  |  

Consumer sentiment regarding Bitcoin (BTC) as a legitimate payment method has changed significantly following the historic crypto market bull run, which is truly unprecedented. With BTC prices reaching all-time highs (briefly hitting $49,000) on the heels of Elon Musk’s tech firm Tesla’s announcement that they’ve… Read More

February 13, 2021 @ 9:40 am By Omar Faridi  |  

Twitter (NYSE:TWTR) CEO Jack Dorsey confirmed on Friday (February 12, 2021) that he has teamed up with legendary billionaire hip-hop artist and businessman Jay-Z to finance and support projects in Africa and India with Bitcoin (BTC). Money lessons from one of the greatest rappers of… Read More

February 8, 2021 @ 4:20 pm By JD Alois  |  

The big story today is that Elon Musk’s Tesla (NASDAQ:TSLA) has purchased $1.5 billion in Bitcoin. The information was disclosed in a 10-K filing with the Securities and Exchange Commission. While the exact timing of the purchase was not disclosed, Tesla is most certainly in… Read More

February 8, 2021 @ 10:33 am By JD Alois  |  

  Bitcoin is hitting new highs today fololowing a 10-K filed by Tesla (NASDAQ:TSLA) that revealed it had purchased $1.5 billion in Bitcoin and may purchase other digital assets in the future. Simultaneously, Tesla said they expect to commence accepting Bitcoin as a method of… Read More

February 8, 2021 @ 7:54 am By JD Alois  |  

Tesla (NASDAQ:TSLA) has purchased $1.5 billion of Bitcoin, according to a 10-K filed with the Securities and Exchange Commission (SEC). The decision was approved by the Audit Committee of our Board of Directors. Shares in Tesla traded higher in pre-market trading. Tesla said that under… Read More

January 24, 2021 @ 1:36 pm By Omar Faridi  |  

QCP Capital, which is one of Asia’s major digital economy traders, has noted that the “broad price puke” from January 21, 2021 (Thursday) in the cryptocurrency markets can (at least partially) be blamed on “some negative headlines” out of US President Biden’s new “crypto unfriendly”… Read More

January 13, 2021 @ 7:48 pm By Omar Faridi  |  

The developers of Injective Protocol, a digital assets derivatives exchange for DeFi that has been supported by Binance and Pantera Capital, has launched what it claims to be “the world’s first decentralized Tesla Stock Futures Trading.” The Injective Protocol team stated that they’re pleased to… Read More

September 15, 2020 @ 9:04 pm By Omar Faridi  |  

India’s 5paisa, a publicly-listed Fintech company, has introduced the option to acquire international stocks. Prakarsh Gagdani, CEO at 5paisa, confirms that the new service allows its customers to invest in shares listed on Indian stock exchanges and it also allows them to acquire US stocks…. Read More

August 15, 2020 @ 12:00 pm By Xu Gao  |  

Moka, an Intelligent Recruitment Management System, Completes 100-million-yuan Series B+ Financing Moka, a provider of intelligent recruitment management solutions, has completed a Series B+ round of financing of more than 100 million yuan led by a well-known venture capital fund. Up to now, Moka’s B… Read More

February 28, 2019 @ 11:20 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed a motion for an order to show cause, on February 25, why Elon Musk, CEO of Tesla, should not be held in contempt for violating the terms of the Court’s October 16, 2018, Final Judgment. The agreed… Read More

October 1, 2018 @ 9:46 pm By Onki Kwan  |  

On September 27, 2018, the SEC filed a lawsuit against Elon Musk for committing securities fraud because of some tweets he published on August 7, 2018. A mere two days later, September 29, 2018, Musk settled with the SEC. As part of their settlement agreement,… Read More