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International Business Times
International Business Times
Business
Marvie Basilan

Tesla Has More Bitcoins Than Coinbase, Other Crypto Firms: Tracker

Tesla, an electric vehicle maker, has more Bitcoin holdings than Coinbase and several other crypto firms. (Credit: YouTube Screenshot/ Tesla Official YouTube Chanel)

KEY POINTS

  • Tesla is the world's third-largest known corporate holder of Bitcoin, as per the data
  • The EV behemoth is only behind Marathon Digital and Michael Saylor's MicroStrategy
  • Musk has had neutral comments about Bitcoin, but Tesla has so far held on to its BTC since Q3 2023

Elon Musk's Tesla has more Bitcoin holdings than Coinbase and other firms directly involved or providing actual cryptocurrency services, data from a tracker of companies' and countries' BTC holdings revealed.

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