Tesla's Q3 2023 financial report reveals that the electric vehicle manufacturer did not trade or sell any Bitcoin during the last three months, maintaining its holdings at around 9,720 BTC, valued at approximately $275.6 million. This marks the fifth consecutive quarter that Tesla has held its Bitcoin position without any changes.

Tesla first ventured into cryptocurrency in early 2021, investing $1.5 billion in Bitcoin and accepting it as a payment option for its products. However, concerns about the environmental impact of Bitcoin mining led CEO Elon Musk to sell off a portion of the company's holdings. Since then, Tesla has maintained a consistent stance on its Bitcoin holdings, as emphasized by its recently released Q3 2023 report.