Elon Musk's Tesla Boasts Nearly $1 Billion in Bitcoin
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News Key Points: Tesla keeps 11,509 BTC in corporate custody, according to Arkham Intelligence's verified chain tracking data at the end of September. The accumulated position in the corporate balance sheet reached a valuation of close to $997.8 million when Bitcoin surpassed the $87,000 mark. Elon Musk's company did not reach the ... Read more
🚨 Tesla's Bitcoin holdings have generated over $710 million in profit over four years. 📌 As of October 13, the company holds 8,430 BTC, a position worth approximately $960 million. 🕰️ Although Tesla made some sales after purchasing $1.5 billion in 2021, it has largely maintained its $BTC position since 2022. Read More: Tesla's Bitcoin Holdings Gained $710 Million in Four Years The article "Tesla's Bitcoin Holdings Gained $710 Million in Four …
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Cryptocurrency News | Cryptocurrency Prices | Market CapElon Musk's Tesla Boasts Nearly $1 Billion in Bitcoin
Tesla still boasts nearly a billion dollars worth of Bitcoin years after Elon Musk directed the electric vehicle maker to invest $1.5 billion in the leading crypto asset.
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