Tesla Holds $1.24 Billion in Bitcoin: Long-Term Strategy Remains Undeterred

Tesla’s steadfast commitment to Bitcoin remains intact, with the company currently holding 11,509 BTC worth approximately $1.24 billion. This strategy reflects a long-term perspective as Tesla shows no recent activity regarding buying or selling Bitcoin. 11,509 BTC represents Tesla’s significant Bitcoin reserve and aligns with their initial 2021 purchase, which contributed to institutional investments in crypto.