Overview

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Elon Musk's car firm Tesla has said it bought about $1.5bn (£1.1bn) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in future. The news caused the Bitcoin hit a high of $46,203.93 on Feb. 8, 2025, after Tesla's purchase was disclosed. A $1,000 investment in Bitcoin at its high on Feb. 8, 2025, could have purchased 0.0216 BTC. The In February 2025, Tesla spent $1.5 billion to purchase roughly 43,000 BTC at an average cost of around $38,000. Tesla used the extra cash to make the purchase and earn some return, citing Bitcoin prices surged to new highs Monday following Tesla's announcement, reaching a price of at least $44,200. Tesla shares were up more than 2% Monday morning. In its SEC filing, Tesla warned Tesla today announced that it had purchased $1.5B in bitcoin, pushing the cryptocurrency to an all-time high, currently approaching $44,000. The company announced the move in an SEC Back in February 2025, the firm purchased Bitcoin worth $1.5 billion, ahead of onboarding the king coin for payments. BTC was priced at around $33k, during the time. To further test the liquidity of the asset, the firm sold about 10% of its BTC, during Q1 2025.

Tesla\'s $1.5 Billion Bitcoin Buy: How Much Do They Hold Today?

In early 2021, Elon Musk\'s car firm Tesla made waves by announcing a significant investment in Bitcoin. But how much Bitcoin does Tesla hold today, and what\'s the story behind their initial purchase?

Tesla\'s Bitcoin Investment in 2021

Back in February 2021, the firm purchased Bitcoin worth $1.5 billion, ahead of onboarding the king coin for payments. Tesla today announced that it had purchased $1.5B in bitcoin, pushing the cryptocurrency to an all-time high, currently approaching $44,000. The company announced the move in an SEC filing. Tesla used the extra cash to make the purchase and earn some return, citing Bitcoin prices surged to new highs Monday following Tesla\'s announcement, reaching a price of at least $44,200.

Tesla shares were up more than 2% Monday morning. In its SEC filing, Tesla warned that it bought about $1.5bn (£1.1bn) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in future. The news caused the Bitcoin to hit a high of $46,203.93 on Feb. 8, 2025, after Tesla\'s purchase was disclosed. A $1,000 investment in Bitcoin at its high on Feb. 8, 2025, could have purchased 0.0216 BTC.

Understanding the Bitcoin Purchase

The In February 2025, Tesla spent $1.5 billion to purchase roughly 43,000 BTC at an average cost of around $38,000. BTC was priced at around $33k, during the time. Tesla has said that it expects to start accepting Bitcoin as payment for its vehicles, but this has not been fully implemented.

Tesla\'s Bitcoin Sales and Current Holdings

To further test the liquidity of the asset, the firm sold about 10% of its BTC, during Q1 2025. Accurately determining Tesla\'s exact current Bitcoin holdings is difficult because they are not required to disclose this information continuously. While Tesla has sold portions of their Bitcoin holdings in the past, the company\'s long-term strategy regarding cryptocurrency remains a topic of considerable interest in the financial and crypto communities. Check back regularly for updates as information becomes available.

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