Tesla did not sell any Bitcoin in Q3 and has maintained the same amount of holdings for five consecutive quarters.
According to the latest quarterly financial report from Tesla on October 19th, the company did not buy or sell any bitcoin in the third quarter of 2023, marking the fifth consecutive quarter without any trading activity. As of September 30th, Tesla held approximately 9,720 bitcoins with a market value of approximately $275.6 million.
As previously reported by BlockBeats, Tesla did not buy or sell any bitcoin in the second quarter of 2023, and as of the end of the second quarter, the company held digital assets worth $184 million (current accounting standards do not allow such gains to be included, and the valuation of bitcoin remains unchanged), which was the same as the first quarter of 2023. Tesla's bitcoin holdings have remained consistent for four consecutive quarters.