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Elon Musk’s Tesla held onto its Bitcoin in Q4 despite market turbulence

The EV maker continued to hold its estimated 9,720 Bitcoin, only losing $34 million on its investment due to price declines towards the end of 2022.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Elon Musk’s Tesla held onto its Bitcoin in Q4 despite market turbulence

The EV maker continued to hold its estimated 9,720 Bitcoin, only losing $34 million on its investment due to price declines towards the end of 2022.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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