Tesla Announces Its Balance Sheet: What Are Elon Musk’s Bitcoin Assets?

It was observed that electric vehicle giant Tesla (TSLA) did not make any changes in its Bitcoin (BTC) position in the second quarter of 2023.

billionaire investor Elon Musk’s Tesla, of which he is the CEO 18 October In its financial report for the third quarter of 2023 published on its official website, He did not sell his Bitcoins. revealed.

According to the report, Tesla’s current value on its balance sheet $275.6 million the one which… 9,720 Bitcoins is available. Tesla, in total 5 quarters in a row By not buying or selling Bitcoin stable It maintained its course.

Tesla made its first Bitcoin purchase 2021 of the year February It was carried out in the month. At that time $1.5 billion spending about 43 thousand BTC The company that acquired it could not make much profit from this investment. Tesla to make first Bitcoin sale of 2021 first in the quarter by realizing From 4,320 BTC He had given up. The company claims that the remaining Bitcoin balance 75% also 2022 He sold it during the bear market in .

Tesla’s latest Bitcoin sale 2022 of the year second quarter He had done it in. Tesla continues to attract attention as the third public company holding the most Bitcoin, after MicroStrategy (MSTR) and Marathon Digital Holdings (MARA).

Electronic vehicle giant in its 2023 third quarter report $1.85 billion net reporting income compared to the previous year 44% decrease noted. On the other hand, the company’s earnings per share are $0.95 to $0.53 declined.

source site-10