Tesla’s Bitcoin holdings top $1 billion, company gains $495 million from investment

Tesla’s Bitcoin holdings are worth over $1 billion, with the company possessing 11,509 BTC. Tesla’s stock rose 8% in after-hours trading to $350. Bitcoin hit a new

all-time high of $89,560. Tesla moved its Bitcoin holdings to new wallets in October, and the company has gained $495 million in profit from its Bitcoin investment.

Source

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *