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Crypto Blog

Tesla sold $936 million worth of bitcoin in the second quarter

Saylor’s conviction of bitcoin’s long-term value hasn’t protected the company’s bottom line. The company posted a $1.06 billion loss in the second quarter versus a $299 million shortfall a year earlier. Microstrategy generated $122 million in revenue, $96 million in profit, from its software business through product, subscription and other services. Presumably most of Tesla’s […]