Tesla CEO Elon Musk hinted that the company owns closer to 42,000 Bitcoins. Thus, Tesla is the second largest, in terms of the amount of Bitcoin ownership, for a public company. As of June 30, Tesla's Bitcoin assets were worth $1.47 billion.
We don’t have that many Bitcoin, but it’s close— Elon Musk (@elonmusk) July 28, 2021
In the first quarter of 2021, Tesla announced that it bought $1.5 billion worth of Bitcoins and began accepting cryptocurrency as a means of payment in March. However, Bitcoin acceptance in May was suspended until mining is more environmentally friendly than it is now. At the end of the second quarter, the company reported $1.311 billion in Bitcoin assets after impairments. Tesla is currently the second-largest public company in the world in terms of Bitcoin ownership. The first place belongs to Microstrategy, which owns about 105,085 Bitcoins.
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