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)

Stacy Elliott / Decrypt:

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