Tesla Inc. still possesses approximately 11,900 BTC, valued at around $1.257 billion at the current rate. Despite a 1% drop in the last 24 hours, Tesla remains firm in its HODL strategy since its significant purchase in Q1 2021. The company stores its coins with Coinbase Prime Custody, indicating its confidence in holding substantial amounts of Bitcoin. Similarly, Strategy Inc., under Michael Saylor's leadership, now holds 576,230 BTC after acquiring 7,390 coins for $765 million. Other firms, like the tech company trading as 3350.T, are also increasing their Bitcoin holdings. Recent legislative developments in states like New Hampshire and Texas reflect a growing interest in incorporating Bitcoin into public funds. With Tesla and Strategy Inc. holding significant amounts of BTC, the cryptocurrency continues to attract attention from both corporate and governmental entities, signaling a potential shift in the US financial landscape. Read more AI-generated news on: https://app.chaingpt.org/news

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