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Tesla: Approximately $101 million in impairment losses due to changes in the book value of Bitcoin

Tesla: Approximately $101 million in impairment losses due to changes in the book value of Bitcoin

PANews February 7 news, Tesla announced that in the year ended December 31, 2021, due to changes in the book value of the company's bitcoin, an impairment loss of about $101 million was recorded. As of December 31, 2021, the fair market value of Bitcoin held by Tesla was $1.99 billion.

Bitcoin tesla book value panews
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