Mysterious Moves – Is Tesla Dipping Its Toes Back In Bitcoin?

2024-3-8 23:00

After bitcoin data analytics provider Arkham Intelligence added Tesla’s Bitcoin wallet tracking feature to its dashboard, the crypto world once again began discussing Tesla’s Bitcoin holdings.

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Analyst Explains Rationale Behind Tesla’s New Stance On Bitcoin

Elon Musk recently set the cryptocurrency community ablaze when he announced Tesla’s withdrawal in accepting Bitcoin as a payment medium. The company’s sole reason for backpedaling on its decision to accept Bitcoin is tied to the asset’s level of energy consumption which Tesla believes is highly unsustainable despite Bitcoin being a promising digital currency in […]

2021-5-15 16:09