How much Bitcoin does Tesla have? On Wednesday, the Tesla car company presented a report on its last three months. This company, which is owned by Elon Musk, supports Bitcoin by keeping its Bitcoin balance.
How much Bitcoin does Tesla have?
Tesla’s Bitcoin balance reaches 9720 BTC, which is worth more than 275 million dollars. According to reports, this company bought $1.5 billion worth of bitcoin in February 2021 when the price of bitcoin was $34,000, and later the price of bitcoin reached its peak of $69,000 in the same year.
Tesla sold part of its bitcoins in the third quarter of 2022 at a loss of 48%. However, Tesla is currently the third largest holder of BTC and Tesla CEO Elon Musk sees the future of Bitcoin as bright and uses Bitcoin as an alternative to fiat money. In this same article, it should be said that Elon Musk called fiat money fake!
Undoubtedly, one of the most important companies that investors pay attention to is the actions and decisions of Tesla and Elon Musk, the manager of this company.
Everyone knows that Elon Musk can affect the price of Bitcoin. Read about the same news ++Newly, Elon Musk filed a complaint against the Securities Commission.