🔥Tesla currently holds about 11,900 Bitcoin, valued at approximately 1.25 billion USD, and has not made any further selling moves since its first large purchase at the beginning of 2021. The company stores this amount of Bitcoin through Coinbase Prime Custody, showing that they still believe in the long-term value of this cryptocurrency despite short-term market fluctuations.

Previously, Tesla spent 1.5 billion USD to buy BTC, then sold about 1.2 billion USD, but still retained a large portion. Currently, many other large companies are also actively buying Bitcoin on a large scale. Notably, Michael Saylor's Strategy Inc. currently holds over 576,000 BTC (worth over 62 billion USD), while a Japanese technology company with the code 3350.T owns 7,800 BTC and plans to increase it to 10,000 BTC.

Not only businesses, but some states in the US are also preparing to enter the cryptocurrency market. New Hampshire has passed a law allowing some state funds to invest up to 5% in Bitcoin and other major digital assets. Texas has also approved a bill to establish the Strategic Bitcoin Reserve Fund, which is awaiting the Governor's signature. Arizona has allowed unclaimed assets to be invested in crypto.

Although the amount of BTC that Tesla currently holds has decreased significantly from its peak (43,200 BTC), the company's persistence in not selling for a long time, amidst many institutional entities and state governments in the US entering the market, shows that confidence in Bitcoin remains strong in the major financial community. This could be a sign of a new chapter in the acceptance and use of Bitcoin on a larger scale, both in the private sector and public governance in the US.