Tesla Reveals Bitcoin Holdings Worth $1.3 Billion in Q2, $23 Million BTC Impairment

Bitcoin.com | Jul 27, 2021 at 3:30 AM
  • Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion.
  • The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million.
  • Tesla’s financial statements confirm Elon Musk’s previous statements that Tesla had diamond hands and would not sell its bitcoins.