Tesla hangs onto all its remaining $218M in Bitcoin in Q3

Electric vehicle manufacturer Tesla has made no further changes to its remaining stash of Bitcoin in the third quarter of 2022, despite nearly a $1 billion sell-off in the previous quarter.

The company’s Q3 report released Oct. 19 shows $218 million worth of “digital assets” remains on its balance sheet, with no reported losses in the value of its holdings. Based on current prices, it’s estimated that Tesla still holds around 9,720 BTC.