08 August 2022

Still deciding whether or not to buy into Crypto? This should put you off for good!

In a Securities and Exchange Commission filing published Monday, Tesla said the value of its digital assets -- including bitcoin and dogecoin -- were set at $222 billion as of June 30. 

Tesla took an impairment charge of $170 million on its bitcoin holdings for the first six months of the year, while recording a $64 million gain from converting its bitcoin into fiat currency. 

Musk also indicated the company continues to hold the digital dogecoin, but did not indicate its value or amount.

www.thestreet.com


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