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Latest Earnings Report: Tesla Held All of its Bitcoin Despite Market Turbulence

Tesla, the electric car company owned by Elon Musk, did not sell any of the bitcoin (BTC) it holds on its balance sheet during the bear market, a new earnings report from the company reveals. According to Tesla’s earning...

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Latest Earnings Report: Tesla Held All of its Bitcoin Despite Market Turbulence
Tesla, the electric car company owned by Elon Musk, did not sell any of the bitcoin (BTC) it holds on its balance sheet during the bear market, a new earnings report from the company reveals.
According to Tesla’s earnings report for the 4th quarter of 2022, the company held $184m worth of “digital assets” as of the end of the year, down from $218m as reported for the third quarter.
The earnings report was released by Tesla on Wednesday this week:...
Read More: Latest Earnings Report: Tesla Held All of its Bitcoin Despite Market Turbulence

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

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