🚗💥 Tesla Still Holding Tight to Its Bitcoin Bags ⚡️
Tesla (NASDAQ: TSLA) has kept its 11,509 $BTC untouched for another quarter - reporting a $1.315B digital asset balance as of Sept 30, up 6% from Q2. That rise mirrors Bitcoin’s 6.31% gain over the same period.
However, paper profits dipped to $80M, down sharply from $284M in Q2 - a reminder that even diamond hands can have quieter quarters 💎🤲
Tesla first entered Bitcoin back in 2021 with a $1.5B buy, briefly accepting BTC for cars before pausing over energy concerns.
With $BTC now at $109K, the company’s long-term conviction looks steady - though Tesla stock slid 3.18% after hours. Still, holding Bitcoin seems to remain Elon’s favorite “silent feature” in the Tesla portfolio. 🚀
