Tesla Holds Steady with 9,720 BTC Holdings in Q3 Earnings Report!

The post Tesla Holds Steady with 9,720 BTC Holdings in Q3 Earnings Report! appeared first on Coinpedia Fintech News

Tesla’s latest earnings report revealed that the company’s bitcoin holdings remained unchanged at 9,720 BTC in the third quarter, worth $275.4 million at the current market price. This marks the fifth consecutive quarter that the car manufacturer has held onto its bitcoin. Tesla invested $1.5 billion in bitcoin earlier this year and announced plans to accept it as a form of payment before retracting that decision in subsequent months. Despite selling some of its bitcoin holdings earlier this year, Tesla remains one of the top public companies with significant cryptocurrency holdings.