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Stories tagged #PaperLoss

Every Zipp story tagged #PaperLoss, newest first.

Tesla books $112M crypto loss as digital-asset stash slides to $674M

1h ago

Tesla books $112M crypto loss as digital-asset stash slides to $674M

The mark-to-market hit lands in the same week SpaceX's IPO filing disclosed its own Bitcoin exposure, reframing Tesla's $674M digital-asset pile against a competing public-market benchmark.

Tesla holds 11,509 BTC through Q2, books $112M loss

9h ago

Tesla holds 11,509 BTC through Q2, books $112M loss

The electric-vehicle maker has not sold a coin since 2022, opting to sit on a five-figure Bitcoin position even as Q2 free cash flow turned negative at minus $1.1B.