Tesla Inc. still holds over 11,000 BTC in its wallet.
The value of the company's holdings has surpassed 1.2 billion dollars amid a market breakout.
U.S. companies are backing a financial strategy that includes Bitcoin on a large scale.
The blockchain analysis platform Arkham Intelligence has revealed that Tesla Inc.'s Bitcoin (BTC) holdings currently amount to about 1.25 billion dollars. With this size of its BTC wallet, the car manufacturer owned by Elon Musk and its founder have established themselves as HODLers of the most important cryptocurrency. The overall sentiment indicates the company's optimism regarding the flagship cryptocurrency.