Tesla says a "bitcoin impairment" negatively impacted its Q2 profitability and that it sold 75% of its bitcoin, worth approximately $936M, in the quarter (Stacy Elliott/Decrypt)

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Stacy Elliott / Decrypt:

Tesla says a “bitcoin impairment” negatively impacted its Q2 profitability and that it bought 75% of its bitcoin, price roughly $936M, within the quarter  —  “Bitcoin impairment” prompted the sale, the corporate stated.  —  Tesla bought 75% of its Bitcoin, price roughly $936 million, in response to its Q2 earnings report.