Tesla’s Bitcoin Pile Intact Despite Recent Wallet Moves — Elon Musk-Led Company HODLes King Crypto For 5th Straight Quarter

Electric vehicle juggernaut Tesla Inc. (NASDAQ:TSLA) revealed none of its Bitcoin (CRYPTO: BTC) holdings were sold in the third quarter, extending its HODLing period for the fifth successive quarter.

What happened: Tesla’s balance sheet denoted $184 million in digital assets, as per the company’s earnings report released Wednesday after the market close. 

While the corporation does not publish a breakdown of its digital holdings, on-chain tracking firms have indicated that it is primarily comprised of Bitcoin, the world’s largest cryptocurrency. 

As of this writing, the firm had 11,509 Bitcoins, …

Full story available on Benzinga.com

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