Tesla maintains $184M worth of #Bitcoin holdings: Q3 report
Tesla’s Q3 2023 financial results, released on 18 October, revealed that as of 30 September, the company still held approximately $184 million worth of digital assets. This holding is a fraction of the $1.5 billion worth of $BTC Tesla initially purchased in March 2021.
Electric vehicle maker Tesla made no changes to its sizeable Bitcoin holdings for the fifth quarter in a row. However, it has directed more funds to double its computing capacity amid artificial intelligence (AI) efforts.