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Tech

Tesla, Blockstream, Block to Mine Bitcoin Using Solar Power in Texas

The project aims to show that bitcoin mining using 100% renewable energy can be done at scale, says Blockstream CEO Adam Back.

Solar panels at dusk (Justin Paget/Getty images)

Finance

Musk Takes Nearly $3B Stake in Twitter; DOGE Spikes

The Tesla CEO often uses the social media site to disseminate his views on crypto.

Tesla CEO Elon Musk (Getty Images, modified by CoinDesk)

Videos

Elon Musk Accuses the SEC of Harassment on Free Speech

Tesla CEO Elon Musk accused the U.S. Securities and Exchange Commission of harassment in a calculated effort to “chill” his right to free speech. The SEC closely watches the billionaire’s Twitter account with the concern he is manipulating the stock of Tesla.

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Videos

Meme Investing: From GameStop to AMC, Did Wall Street Still Win?

In the aftermath of the GameStop short squeeze, Wall Street Journal "Heard on the Street" editor Spencer Jakab discusses the key findings from his new book "The Revolution That Wasn't," explaining that meme investing from retail investors did little to change power dynamics on Wall Street. Plus, his take on Tesla CEO Elon Musk's influence on crypto.

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Finance

Tesla Records $101M Impairment Loss on Bitcoin Holdings for 2021

The company said it invested $1.5 billion in bitcoin in the first quarter of the year.

Tesla recharging. (Blomst/Pixabay)

Finance

Tesla Reports Bitcoin Holdings Unchanged in Q4

The electric car maker did not buy or sell any of the bitcoin held on its balance sheet, nor did it record any impairments.

(Getty Images)

Videos

Fake Grimacecoin Jumps 285,000% After McDonald’s’ Tesla Joke

"Grimacecoin," a token created after a McDonald’s joke tweet, surged as much as 285,641% for a few hours Wednesday. Tesla CEO Elon Musk tweeted, “I will eat a happy meal on TV if McDonald’s accepts Dogecoin," to which McDonald's replied, “Only if Tesla accepts grimacecoin,” referencing its purple mascot fashioned after a taste bud. "The Hash" panel discusses the latest instance of Musk's influence on the meme economy.

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Dogecoin Surges as Payments Go Live on Tesla Store

Dogecoin (DOGE) payments went live on the Tesla store during Asian hours Friday, with prices seeing an 11% increase shortly afterward. This comes after Tesla CEO Elon Musk said the electric-car maker would accept dogecoin as payment for its merchandise in December. Earlier this year, Tesla started accepting bitcoin.

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Markets

Dogecoin Surge Sees Short Traders Lose $8M After Tesla Store Addition

Leveraged traders betting on an upside lost another $4 million on margin calls.

(Shutterstock)

Markets

Dogecoin Surges 11% as Payments Go Live on Tesla Store

Users can purchase belt buckles, chargers, and other merchandise as of Friday.

(Federico Moreno via Getty Images)