# Tesla records 0M Bitcoin net loss in 2022

# Tesla records $140M Bitcoin net loss in 2022

” Tesla records $140M Bitcoin net loss in 2022 “ According to a filing with the United States Securities and Exchange Commission on Jan. 31, electric vehicle manufacturer Tesla disclosed that it had recorded a $204-million gross impairment loss during 2022 on its Bitcoin (BTC) holdings. Simultaneously, Tesla recorded a gain of $64 million from…

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# Silvergate suspends dividends to preserve ‘highly liquid balance sheet’

# Silvergate suspends dividends to preserve ‘highly liquid balance sheet’

” Silvergate suspends dividends to preserve ‘highly liquid balance sheet’ “ California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.” In a Jan. 27 announcement, the firm stated that it is halting “the payment of dividends on its 5.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, in order…

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# Crypto-friendly Stripe weighs public offering: Report

# Crypto-friendly Stripe weighs public offering: Report

” Crypto-friendly Stripe weighs public offering: Report “ Internet payment processor Stripe is reportedly eyeing a public offering and has set a 12-month timeline to explore the possibility. Stripe has hired Goldman Sachs and JPMorgan Chase to advise on the feasibility and timing of a public-market debut, according to a Jan. 26 report by The…

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# Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts

# Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts

” Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts “ Cryptocurrency exchange Coinbase won’t escape from the profitability challenges it will face from the crypto market downturn, despite having a strong brand and credibility in the crypto market, according to investment analysts. Credit rating firm Moody’s released a note on Coinbase on…

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