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Tesla has revealed that its bitcoin holdings lost $204 million of value last year In a new regulatory filing, which was partially offset by gains of $64 million from converting the digital currency into fiat. Overall, it suggests the company’s bitcoin investment resulted in a net loss of $140 million throughout the course of 2022, TechCrunch reports.
That’s a lot of money, but it’s small in comparison to Tesla’s initial bitcoin investment announced in February 2021, when it said it had
