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Bitcoin investors who are hoping for a potential pump from Tesla-driven headlines in the future can rest assure that the company still holds plenty of the world’s reigning cryptocurrency. As revealed in a new SEC filing, Tesla still holds $1.99 billion in BTC, which, according to current prices, amounts to around 430 Bitcoins. It’s unclear when Tesla will revive BTC as a potential payment option for its vehicles, however, following Elon Musk’s decision to suspend purchases with the cryptocurrency over environmental concerns.
Annual report which provides a comprehensive overview of the company for the past year (Tesla)
During the year ended December 31, 2021, we purchased and received $1.50 billion of bitcoin. During the year ended December 31, 2021, we...
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