In February 2021, electric car manufacturer Tesla reported buying $1.5 billion worth of bitcoins, putting the giant on the list of the largest holders of digital currency.
In the middle of last year, the company admitted that it sold up to 75% of the available cryptocurrency, earning $936 million. However, Tesla refuses to bring the remaining bitcoins to market and will stick to its hodler strategy.
At the moment, under the control of the American giant are BTC totaling up to $245 million. The relevant data was included in the company’s financial statements for the fourth quarter of 2022, sent to the U.S. Securities and Exchange Commission.