The second quarter of 2022 had been set ablaze with speculation after automotive manufacturer Tesla reported that it had sold 3/4 of its bitcoin holdings. The value of its bitcoin holdings had declined during this time and the $ 936 million sale had been reportedly put into traditional currencies. However, it seems the company is not yet done with the digital asset as it continues to hold on to the remaining stash.
Not Selling Bitcoin
The Q3 report from the electric vehicle manufacturer shows that it is not at all done with cryptocurrencies. Its digital assets stash since the sale remains intact according to the report as Tesla holds $ 218 million worth of assets and 9,720 BTC.