Tesla’s Bitcoin holdings near $1 billion after 14% weekly rise

  • Tesla continues holding exactly 11,509 BTC without changing its position.
  • Bitcoin’s 14% weekly rally lifted Tesla’s holdings to $994.90 million.
  • Tesla has made no on-chain transactions involving its Bitcoin holdings for four years.

Tesla holds exactly 11,509 Bitcoin worth $994.90 million, according to Arkham, leaving the automaker $5.1 million short of a $1 billion valuation for its crypto reserves. The position gained $122.62 million this week as Bitcoin rallied 14%. Tesla has maintained the same holdings for four consecutive years without executing on-chain transactions, generating approximately $100 million in unrealized gains during the latest market upswing.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.