Tesla is currently hodling bitcoin worth $1.26 billion, the company’s financial statement shows. $BTC crypto cryptocurrency dogecoin
Elon Musk’s electric car company, Tesla, did not sell any bitcoin in the fourth quarter, according to the company’s latest financial statement. Tesla is holding bitcoin worth $1.26 billion. The company still has not resumed accepting bitcoin payments but now accepts the meme cryptocurrency dogecoin for some merchandise.Tesla released its Q4 and FY2021 financial statements Wednesday.
The company’s unaudited balance sheet shows net digital assets of $1.26 billion at the end of December last year. This amount isTesla’s unaudited statement of cash flows also shows that there was no purchase or sale of digital assets in the last three quarters. The only cryptocurrency purchase Tesla made was bitcoin in the first quarter in the amount of $1.5 billion.
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