Tesla maintains its digital asset holdings at $184 million worth of Bitcoin for the fourth consecutive quarter, with no sales or additions reported.
Tesla’s digital asset holdings remained at $184 million on June 30. The firm held the same amount between March 2023 and December 2022.
The company’s last significant change in digital asset holdings occurred in the final quarter of 2022. Back then, it decreased from $218 million to $184 million. In July 2022, Tesla sold a significant portion of its Bitcoin for $936 million, representing about 75% of its purchase in February 2021.
Although Tesla’s Bitcoin holdings have remained stagnant, there continues to be significant public interest in the company’s cryptocurrency policy. In the firm’s Q&A submission form, numerous investors have inquired about Tesla’s potential acceptance of Bitcoin purchases.
CEO Elon Musk pledged to reconsider this payment method if at least 50% of Bitcoin mining relies on renewable energy. However, whether Musk or other executives addressed these questions during the earnings call remains unclear.