Tesla has confirmed that it did not sell any of its $1,200,000,000 Bitcoin in Q4 2024, holding steady in its position within the cryptocurrency market. Despite ongoing market fluctuations, the company, under Elon Musk’s leadership, maintains its Bitcoin as part of a long-term investment strategy.
This decision underscores Tesla’s belief in the enduring value of digital assets, treating Bitcoin as a hedge against inflation rather than a short-term trading tool.
Tesla’s choice to keep its Bitcoin intact highlights its continued commitment to the crypto space, with no signs of altering its holdings in the near future.