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Tesla Q4 Report: DOGE Accepted for Payment, Bitcoin Holding Intact

Admin by Admin
January 26, 2023
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Tesla bitcoin holding and dogecoin payment acceptance
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Tesla has released its fourth-quarter financial report, revealing that the company’s Bitcoin holdings have remained unchanged, just like its Dogecoin holdings – which are still zero.

In the report released yesterday, the Elon Musk-led company revealed that despite the recent market crash, it neither bought nor sold BTC in the fourth quarter.

The electric-car company made its most recent sale in the second quarter when it sold 75% of its Bitcoin holdings, worth $936 million. Musk’s company held $184 million in Bitcoin (estimated at 9,720 BTC) as of Dec. 31, down about $34 million in the fourth quarter from $218 million in the third quarter.

Elon Musk’s favorite cryptocurrency, however, continues to be absent from Tesla’s financial reports. The meme coin is not to be found with a single mention in the document.

But at least the DOGE community can boast that the meme coin remains the only cryptocurrency Tesla accepts as means of payment on its website.

Read Also– How to Buy with Dogecoin (DOGE) on Tesla

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