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Tesla Sells Majority of Bitcoin Holdings

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Tesla recently sold off most of its holdings of Bitcoin.

The electric carmaker said it had offloaded 75% of the crypto, as it bought traditional currency with the $936m from its Bitcoin sales.

Since Bitcoin and Tesla shares have dived over 40% each since the start of the year, will we see a turnaround in fortunes for prices as we head into the second half of 2022?

Timestamps

TSLA 01:45

BTCUSD 03:15

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