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International Business Times

Business

Nica Osorio

Holding The Line: Tesla Stays Resolute On Bitcoin In Q4 Earnings Report

Bitcoin Elon Musk Tesla Inc. MicroStrategy

Tesla Q4 and full year 2023 Financial Results and Q&A Webcast (Credit: YouTube Screenshot/ Tesla Official YouTube Chanel)

Tesla, the renowned American electric vehicle manufacturer helmed by the visionary tech magnate Elon Musk, implicitly reiterated its unwavering position in the cryptocurrency arena, notably regarding Bitcoin evident in its latest quarterly earnings report, which revealed that it refrained from both selling and acquiring BTC throughout the entirety of the fourth quarter of the previous year.

Tesla Inc.'s fourth-quarter report noticeably omitted any mention of Bitcoin-related activities, underlining the company's continued ownership of its significant Bitcoin holdings, totaling 9,720 BTC.

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