Tesla has $30 billion in cash, hasn’t sold Bitcoin for a while

Good news to crypto holders.

Tesla’s explosive earnings calls are always interesting.

During the last one, for Q2, Elon Musk has shared some interesting bits of info, including one that’s indirectly relevant to Bitcoin holders.

According to Musk, Tesla now has around $30 billion in cash and investments, including around $640 million worth of Bitcoin, at the time of writing.

Tesla first bought $1.5 billion worth of Bitcoin in 2021, before selling 29,160 BTC when the price was really low, around $20,000.

At the time of writing, Tesla still holds 9,720 BTC, and they haven’t sold in well over a year.

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