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electric car manufacturers Tesla Inc. TLSA keep holding Bitcoin Bitcoin/USD but just accept dogecoin Doge/US Dollar for purchase.
What happened: Tesla’s fourth quarter financial report revealed that the electric car maker did not buy or sell its bitcoin holdings for the second straight quarter. This is despite the sharp market turmoil stemming from the collapse of FTX in November and December.
In the FAQ, Tesla states that it only accepts Dogecoin. Make sure you are purchasing with Dogecoin. Transmitting other digital assets may result in loss or destruction of the assets. Any digital assets other than Dogecoin sent to Tesla will not be returned to the purchaser. ”
see next: Best Crypto Day Trading Strategy
The company reported that it had $184 million in total digital assets by the end of December 2022, down $34 million from the previous quarter as the price of Bitcoin fell from September to December last year. I’m here.
In May 2021, Musk stopped buying Tesla with Bitcoin, citing environmental concerns.
Then, in March 2022, Musk said that Tesla goods could be purchased with Dogecoin. space x march too. In February 2022, he announced that the company’s supercharger stations would accept Doge as payment.
price action: BTC was trading at $23,159 in the last 24 hours, according to Benzinga Pro.
read next: Bitcoin, Ethereum, Dogecoin surge: Analysts warn Apex Crypto could return to $20,000 if tech selloff heats up
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