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Tesla maintains its investment in Bitcoin
(BTC) at 9,720 BTC in the third quarter, according to the company's new earnings report released Wednesday.
- The quarterly report did not mention Bitcoin, which means the company did not buy or sell BTC in the three months leading up to September.
- The assets are worth $275.4 million at the current market price of $28,300.
- Tesla, led by cryptocurrency proponent Elon Musk, invested $1.5 billion in Bitcoin in February 2021, amassing about 43,000 tokens.
- Tesla ranks third among public companies in terms of investment in Bitcoin, behind MicroStrategy and Marathon Digital Holdings.
(BTC) at 9,720 BTC in the third quarter, according to the company's new earnings report released Wednesday.
- The quarterly report did not mention Bitcoin, which means the company did not buy or sell BTC in the three months leading up to September.
- The assets are worth $275.4 million at the current market price of $28,300.
- Tesla, led by cryptocurrency proponent Elon Musk, invested $1.5 billion in Bitcoin in February 2021, amassing about 43,000 tokens.
- Tesla ranks third among public companies in terms of investment in Bitcoin, behind MicroStrategy and Marathon Digital Holdings.
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