#Elon Musk’sTesla Still Bullish On Bitcoin, Holds $1.25B BTC

The Tesla Bitcoin Holdings have jumped significantly and now worth more than $1.2 billion to match the ongoing corporate interest in the coin

Highlights

Automaker giant Tesla Inc is still HODLing over 11,000 BTC in its portfolio

The value of the firm's holdings have topped $1.2 billion amid market breakout

Firms in the United States are backing a Bitcoin-inclusive financial strategy at scale

Blockchain analytics platform Arkham Intelligence has revealed that Tesla Inc.’s Bitcoin (BTC) holdings are now worth around $1.25 billion. With this size of its BTC bag, the Elon Musk-owned automaker and its founder are now confirmed HODLers of the top coin. General sentiment hints at how bullish the firm is on the flagship cryptocurrency.