How Much Tesla’s Bitcoin Is Worth: Will Elon Musk’s Company Sell Crypto As It Hits New All-Time Highs?
Electric vehicle (EV) company Tesla Inc (NASDAQ:TSLA) owns a lot of Bitcoin (CRYPTO: BTC) — a position it first took in January 2021. Here’s a look at Tesla’s Bitcoin history and how much its current holdings are worth. What Happened: Tesla disclosed it purchased $1.5 billion in February 2021. The announcement came shortly after CEO Elon Musk spoke with MicroStrategy Inc (NASDAQ:MSTR) Executive Chairman Michael Saylor had a conversation on X (formerly Twitter) about the EV giant adding Bitcoin. Tesla later announced it sold $272 million in Bitcoin in the first quarter of 2021. Tesla also sold …