Tesla Sold None of Their $312,000,000 Bitcoin in Q3 2023
Tesla, one of the leading automotive and clean energy companies owned by Elon Musk , announced today that none of their $312,000,000 Bitcoin (BTC) was sold in Q3 2023. The company did not buy or sell any of its Bitcoin, according to its Q3 update. JUST IN: Tesla reveals none of their $312,000,000 #Bitcoin was sold in Q3 2023. — Watcher.Guru (@WatcherGuru) October 18, 2023 It’s another quarter of no sales for Tesla’s Bitcoin pile, which went down $9,000,000 compared to Q2 of this year. Tesla hasn’t bought or sold any Bitcoin since last year’s second quarter. In Q2 2022, it sold more than 30,000 bitcoin , roughly 75% of its holdings, for $936 million. The company initially bought $1.5 billion worth of Bitcoin in early 2021. Tesla Stock is down 4.78% today after market closing, with a value of $242.68 per share. In addition to Tesla’s Q3 Bitcoin holdings, the company also shared that it had a revenue of $23.35 billion. This is down fr...