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Tesla\'s Balance Sheet Unveils Huge Bitcoin Holdings

Posted by Crypto news on April 25, 2024 - 11:11am Edited 4/25 at 12:46pm


Tesla's Balance Shee

Bitcoin holdings by Tesla worth a Market Value of $745 million Ongoing news of Elon Musk Company, Tesla represents the balance sheet of Tesla Company. It shows the net digital assets of $184 million. Also, the company revealed its Bitcoin holdings in the market valuing $745 million whereas the company has 11509 Bitcoins.

The value of per Bitcoin is $64735. The company comprehends its previous holdings in Bitcoin. Tesla entered the market with $1.5 billion Bitcoin with a quantity of approximately 43000 in quarter 1 of 2021. However, Tesla sold 75% of its holdings excluding 4320 Bitcoins in quarter 2 of 2022. The net digital assets of $184 million existed in quarter 4 of 2022 and since then stable to quarter 1 of 2024.

 

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