While the electric vehicle giant Tesla announced its financial reports for the fourth quarter of 2022, it turned out that it did not sell any of its Bitcoins (BTC) or make new purchases.
billionaire investor Elon Musk’s is the CEO Tesla, January 25 on Financial reports for the fourth quarter of 2022 shared. According to the fourth quarter report, the company announced that it did not sell any of its Bitcoins or make new purchases.
On the other hand, the low Bitcoin price at the end of the fourth quarter was reflected in the balance sheet reports. Tesla’s The value of 9,720 BTC at the end of the third quarter $218 million This amount was recorded in the fourth quarter. dropped to $184 million. Bitcoin price at the end of the third quarter your $20,000 at the end of the fourth quarter when $16,500 was around.
In Tesla’s second quarter report, the Bitcoins in his hands $936 million by selling part 64 million dollars announced that he was making a profit. However, any company dogecoin He also added to his report that he did not make the sale. Tesla first introduced Bitcoin in the first quarter of 2021, 1.5 billion dollars He had invested in bitcoin.