Tesla Holds Strong: No Bitcoin Sold in Q4 2023
JUST IN: Tesla $TSLA reveals none of their $435,000,000 Bitcoin was sold in Q4 2023. Elon Musk's Tesla, the well-known electric car and clean energy powerhouse, disclosed in its most recent quarterly report that it did not sell any of its significant Bitcoin holdings.
Tesla's ongoing commitment to Bitcoin is evident. According to the latest balance sheet, Tesla still holds digital assets worth $435 million, unchanged from the previous quarter.
Tesla’s first encounter with Bitcoin came in February 2025 with an initial investment. Since then, their digital asset strategy has been closely watched by investors and the cryptocurrency community.
The company has confirmed that “Bitcoin is retained and has not seen any buying or selling operations for the 6th consecutive quarter.” This signifies Tesla's consistent stance on its current Bitcoin investment, suggesting a long-term perspective on its digital asset holdings.
This announcement provides reassurance to Bitcoin enthusiasts and reinforces Tesla's position as a significant player in the digital currency landscape. The continued holding of Bitcoin by Tesla signals a belief in its potential future value.