BlocksInform
Maintains dog-only payments.
In the report released yesterday, the Elon Musk-led company revealed that despite the recent market crash, it neither bought nor sold BTC in the fourth quarter. In yesterday's report, elon musk-led revealed that despite the recent stock market crash, it did not purchase or sell BTC in Q4.
Tesla made its most recent sale in the second quarter when it sold 75% of its Bitcoin holdings, worth $936 million. Tesla made its latest sale in Q2 when it sold 75% of its bitcoin holdings, valued at $936 million.
It remains to be seen if DOGE will remain the only authorized crypto payment method for an extended period of time.coin Remains Off Tesla’s Balance Sheet
Elon Musk’s favorite cryptocurrency, however, continues to be absent from Tesla’s financial reports. Dogecoin remains out of the equilibrium of tesla sheetelon musk of preferred cryptocurrency, however, continues to be absent from the financial reports of tesla.
But at least the DOGE community can boast that the meme coin remains the only cryptocurrency Tesla accepts as means of payment on its website.
In a FAQ about Dogecoin, Tesla writes:
Tesla only accepts Dogecoin. In a Dogecoin FAQ, tesla writes:tesla will only accept Dogecoin. Tesla is not capable of receiving or detecting other digital resources. Be sure to buy with dogecoin. The shipment of additional digital assets may result in their loss or destruction.
Digital assets not associated with Dogecoin sent to Tesla will not be returned to the buyer. Non-generic digital assets sent to tesla will not be returned to the buyer simultaneously, the enterprise also specifies that it is not able to accept doge, also in the event of a revocation of purchase. "Every purchase of dogecoin is a final sale. Items purchased with Dogecoin cannot be returned or exchanged for cash.”
Items bought with dogecoin may not be returned or exchanged for money." reading related: what if elon musc begins dogecoin shilling again? Later, in March 2022, Elon Musk announced that Tesla merchandise could be purchased with DOGE.
Later, in March 2022, elon musk announced that Tesla goods might be bought with doge. However, that has now changed.
The Bitcoin Mining Council has confirmed this several times in its quarterly reports that bitcoin mining is turning green. Related reading: dogecoin reduces carbon dioxide emissions by 25%, becomes the 3rd quickest crypto to carbon slashing footprintthe bitcoin mining council has repeatedly confirmed this in its quarterly reports as bitcoin mining turns green.
In the latest report of the fourth quarter, the organization found that Bitcoin mining has a sustainable energy blend of 58.9%, making it one of the most sustainable industries in the world.
DOGE Price Today
At press time, DOGE stood at $0.0858, remaining relatively flat after seeing a 41% rally from December 30 to January 22 when the price hit a local high of $0.0928.
Dogecoin price remains stable, graph of a day | Source: DOGEUSD on TradingView.com.
