Tesla Holds 11,509 Bitcoin in Third Quarter, Makes No Sales
JH Kim
Summary
- Tesla did not sell any Bitcoin (BTC) in the third quarter and kept its existing holdings unchanged.
- The current value of Tesla's 11,509 BTC in holdings was estimated at about $972 million.
- Tesla has kept its holdings unchanged for roughly four years since cashing out about $936 million worth of Bitcoin in the second quarter of 2022.
Forecast Trend Report by Period
Tesla did not sell any Bitcoin in the third quarter, keeping its holdings unchanged.
Watcher.Guru, a media outlet focused on digital assets, reported on October 21 that Tesla made no Bitcoin sales during the third quarter, leaving its holdings at 11,509 BTC.
Tesla's Bitcoin holdings are currently worth about $972 million.
The company previously said it converted about $936 million worth of Bitcoin into cash when it reported second-quarter earnings in 2022. Since then, it has maintained the same Bitcoin holdings for roughly four years.
JH Kim
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