Tesla did not trade Bitcoin in the first quarter, and its Bitcoin holdings have remained unchanged for nearly three quarters
ChainCatcher news, Tesla (TSLA) stated in its latest earnings report that the company did not buy or sell any Bitcoin in the first quarter of 2023. As of the end of the first quarter, Tesla's digital assets were valued at $184 million, unchanged from the fourth quarter of 2022. Despite a significant increase in Bitcoin prices at the end of the first quarter, the valuation of Bitcoin remained unchanged due to current accounting standards not allowing such gains to be recognized. It is reported that Tesla has not changed its Bitcoin holdings for the third consecutive quarter. (CoinDesk)
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
