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Elon Musk’s Tesla didn’t buy or sell any bitcoin in the second quarter, the fourth quarter in a row

Its digital asset web value stood at $184 million on the finish of the quarter, the identical as within the earlier three quarters. On the finish of the second quarter, the value of bitcoin was round $30,400, up from round $28,500 on the finish of the primary quarter. Though present accounting guidelines don’t enable digital asset valuations to extend when costs rise till the property are offered, they are often decreased if costs fall even earlier than the sale.

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