As of March 31, 2021, Telsa held $2.48 billion worth of Bitcoin on its balance sheet as revealed in Tesla’s Ql filing with the SEC.

This was after it sold 10% of its Bitcoin holdings for $272 million.

The company has plans to accept bitcoin as a payment option and would keep any bitcoin earned from any sales, this option is now open in the US and it is a good move, especially for institutional investments.

Author: CryptoBoss

I'm a person in this world who love crypto like you guys. ^_^

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