Tesla Is Holding Just Shy of $2 Billion In Bitcoin

Twitter icon  •  Published 3 years ago on February 8, 2022  •  Mark Weaden

Elon Musk’s Tesla recently gave an update on its Bitcoin (BTC) holding in a new SEC filing

Tesla Is Holding Just Shy of $2 Billion In Bitcoin

Elon Musk’s Tesla recently gave an update on its Bitcoin (BTC) holding in a new SEC filing, which shows that the electric car giant now holds $1.99 billion in the cryptocurrency. 

Back in early 2021, Tesla committed to a Bitcoin investment of $1.5 billion. Not long after this, the car company started to accept cryptocurrency as a payment method for its vehicles. Although, this option was revoked soon after. 

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Mark Weaden

Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites.