Tesla maintains $184m BTC holdings amidst record revenue
Tesla maintains its digital asset holdings at $184 million worth of Bitcoin for the fourth consecutive quarter, with no sales or additions reported. According to the shareholder deck presented on July 19, Tesla’s digital asset holdings remained at $184 million on June 30. The firm held the same amount between March 2023 and December 2022. The company’s last significant change in digital asset holdings occurred in the final quarter of 2022. Back then, it decreased from $218 million to $184 million. In July 2022, Tesla sold a significant portion of its Bitcoin for $936 million, representing about 75% of its purchase in February 2021. Although Tesla’s Bitcoin holdings have remained stagnant, there continues to be significant public interest in the company’s cryptocurrency policy. In the firm’s Q&A submission form, numerous investors have inquired about Tesla’s potential acceptance of Bitcoin purchases. CEO Elon Musk pledged to reconsider t...