Tesla Sheds Bitcoin Holdings Amid Price Decline

Tesla’s digital asset holdings have decreased, according to recent financial reports. As of March 31st, Tesla’s value tied to Bitcoin stood at $951 million, a significant dip from the $1.076 billion reported on December 30th. This decline is primarily due to the downward trend in Bitcoin prices throughout the quarter. Tesla currently holds 11,509 Bitcoins on its balance sheet. Recent data from Arkham Intelligence shows no transactions by Tesla within the past three months.