đ˘Tesla Now the 7th Largest Institutional Bitcoin Holder with 11,509 BTCđ˘
Tesla isn't just betting on EVs â it's stacking sats too.
With 11,509 Bitcoin valued at approximately US$1.25 billion, Tesla has officially become the 7th largest institutional holder of BTC in the world, according to Bitcoin Treasuries (24/05).
1ď¸âŁ Strategic Long-Term Play
Despite market volatility, Tesla remains committed to holding BTC, signaling strong belief in cryptoâs long-term potential.
2ď¸âŁ Consistent Accumulation Since 2021
Tesla first bought 43,200 BTC in 2021 for US$1.5 billion. While it has sold a portion since then, its current holding is still substantialâand growing again.
3ď¸âŁ Bitcoin Dips? No Panic Selling Here
While BTC has dipped to around US$108,262 (down 2.46% in the last 24 hours), Teslaâs diamond hands remain unshaken.
CONTEXT:
Tesla's approach to Bitcoin reflects a broader institutional trend toward digital asset diversification. The company's decision to hold through market turbulence serves as a reminder to investors: strong conviction often outlasts price swings. Whether this strategy will pay off depends on Bitcoinâs long-term adoptionâbut for now, Tesla is firmly in the crypto camp.
