Tesla’s Bitcoin Holdings Near $1 Billion As BTC Rally Adds $122 Million
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ZyCrypto
BITRSSTesla’s Bitcoin Holdings Near $1 Billion As BTC Rally Adds $122 Million
Bitcoin (BTC) traded fairly flat Thursday after a strong weekly rally that pushed the cryptocurrency just over $87,000 on Monday, lifting the value of Tesla’s Bitcoin holdings to within striking distance of $1 billion. Tesla holds 11,509 BTC, worth about $997.8 million at current prices, according to blockchain intelligence data cited by Arkham. The position […]
Bitcoin’s rebound increased the estimated value of Tesla’s digital assets by about US$122.6 million in a week. The company retains 11,509 BTC and remained close to the US$1 billion mark, although the appreciation remains unturned into realized profits. *** Arkham Intelligence data attributed to Tesla 11,509 BTC; a firm’s announcement identified 68 addresses associated with its holdings. The value of the position increased by approximately US$122…
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