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Benzinga
Benzinga
Business
Murtuza J Merchant

Another Nasdaq-Listed EV Company Joins Tesla As Bitcoin Holder: Here's Who (And How Much It Bought)

Bitcoin,Coin,On,Keyboard,With,Nice,Background.,Crypto,Money,Concept.

Electric vehicle company Volcon Inc. (NASDAQ:VLCN) on Friday announced it now holds 3,183.37 Bitcoin (CRYPTO: BTC), purchased for approximately $375 million at an average acquisition price of $117,697 per coin.

What Happened: The disclosure establishes Volcon as one of the most aggressive publicly traded corporate accumulators of Bitcoin to date.

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