您现在的位置是:Tesla, MicroStrategy, Block bitcoin bet hit stood at $5B in Q2 >>正文
Tesla, MicroStrategy, Block bitcoin bet hit stood at $5B in Q2
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛495人已围观
简介Tesla, MicroStrategy and Block owned about 85% of Bitcoin held by public companies, currently number...
- Tesla, MicroStrategy and Block owned about 85% of Bitcoin held by public companies, currently numbering 27 according to data by CoinGecko.
- The three companies faced paper losses of up to $5 billion as Bitcoin price fell to $18,700 in June.
- Tesla sold 75% if its bitcoins in Q2.
MicroStrategy, Tesla and Block (formerly Square) saw their combined Bitcoin (BTC) holdings shrink by $5 billion in value during the second quarter of 2022, Bloombergreported.
The hit comes after a 59% dive for BTC price in the quarter, with the calculations reflecting the three companies’ holdings based on previously disclosed figures.
For Michael Saylor’s MicroStrategy and Jack Dorsey’s Block, these are only paper losses since the companies have not declared any sales of Bitcoin within the period.
Data from CoinGecko showsMicroStrategy holds 129,218 bitcoins acquired at a combined value of $4 billion, while Block holds 8,027 bitcoins that were valued at over $366 million in March.
Tesla, on the other hand, announced it had sold 75% of its Bitcoin (BTC) holdings in the quarter, adding $936 million in cash to its balance sheet. However, the electric carmaker purchased its bitcoin at $1.5 billion.
$5 billion ‘paper losses’
As Bitcoin price fell below $20,000 in June, with prices around $18,700 on June 30, the three firms’ combined losses were around $5 billion.
The quartet had owned roughly 85% of the BTC held by public companies in the quarter, with 70% of the paper losses marked on MicroStrategy.
Saylor has previously said his company has not sold its Bitcoin, but investors are likely to be keen on seeing this reflected in the company’s Q2 earnings report on 2 August. Block is also set to release its results on 4 August.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/76769.html
相关文章
Litecoin bullish trend rathers momentum after Mimblewimble upgrade
Tesla, MicroStrategy, Block bitcoin bet hit stood at $5B in Q2Litecoin has started the month with a surge. The token has jumped and it is still green.At the time...
阅读更多
Blockchain technology could hold key to nuclear disarmament
Tesla, MicroStrategy, Block bitcoin bet hit stood at $5B in Q2King’s College London published a report that argued blockchain could strengthen systems to ve...
阅读更多
HSBC Bangladesh issues country’s first blockchain LC
Tesla, MicroStrategy, Block bitcoin bet hit stood at $5B in Q2The banking giant used blockchain technology to execute a letter of credit (LC) transactionThe Hong...
阅读更多
热门文章
- Ethereum's daily transaction fees hit $17.1 million as DeFi activity keeps surging
- LUNA vs AAVE – Which one is a better investment?
- Iran Dedicates Three Power Plants To Bitcoin Miners
- Crypto volatility is your friend, says, ex
- Kraken Envisions September As A Tough Month For Bitcoin
- Bitcoin struggling to reach $60k again
最新文章
Volt Inu (VOLT) tanks by nearly 35% barely hours after listing on Hotbit
Coinsquare announces new Chief Officers
Inflation spooks investors, cryptos finish the week strong
Should you buy Chainlink over Near Protocol?
Beethoven, The Best AMM Protocol On Fantom
Polkadot price bounces off critical support level near $4.40