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Tesla dumped 75% of its Bitcoin holdings

Elon Musk apparently isn’t trying to hodl Tesla’s bitcoin during a crypto winter.
During the company’s Q2 earnings report, the electric car company revealed it has sold 75% of its Bitcoin holdings this quarter.  The company appears to have lost around $150 million on its bet in the cryptocurrency since its 2021 purchase, selling the coins for $963 million.
Tesla said the value of its remaining “digital assets” is $218 million.
In February of last year, the company announced it had purchased $1.5 billion worth of the cryptocurrency with its balance sheet capital an

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