Tesla financial results, eagerly awaited by Bitcoin investors, have been announced. According to the report, the electric vehicle giant did not sell any Bitcoin in the third quarter and continued to hold its assets.
Elon Musk’s Tesla made its first and last Bitcoin purchase in February 2021. While the company made a purchase of 1.5 billion dollars, it announced that it started selling vehicles with Bitcoin in March. The company’s first Bitcoin sale came in April 2021 and 272 million dollars of BTC was dumped.
Musk, who once said “I wish I had bought Bitcoin 8 years ago”, suspended the sale of vehicles with BTC in May of the same year, this time claiming that Bitcoin mining harms the environment. Despite this, the company did not sell Bitcoin until the 2nd quarter of 2022. The company currently holds approximately 10,000 BTC.
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