Bitcoin: Tesla Reveals $1 Billion Holdings

Tesla’s Bitcoin Holdings Surpass $1 Billion in SEC Filing

• Tesla holds 11,509 bitcoins.
• The bitcoins are valued at approximately $1.119 billion.
• There is an unrealized gain of $589 million under new accounting rules.
• Tesla reported $1.07 billion in bitcoin holdings.
• The data was disclosed in Tesla’s annual 10-K report filed on Jan. 29.

Tesla’s recent SEC filing reveals a substantial investment in bitcoin, with the company holding 11,509 bitcoins valued at around $1.119 billion, showcasing a significant unrealized gain of $589 million under updated accounting standards.