Thursday, 5 March, 2026
Tesla sold 75% of its Bitcoin holdings
By Basit Ansari
<p>It appears that Elon Musk is not attempting to hoard Tesla's bitcoin during a crypto winter. The electric car manufacturer disclosed during its Q2 earnings report that 75% of its Bitcoin assets were liquidated this quarter. The company received $963M for the sale of the coins. According to Tesla, its remaining "digital assets" are worth $218M. The company's selloff follows a sharp drop in the cost of all cryptocurrencies, including both Bitcoin and Dogecoin, in general.</p>
Read full story at TechCrunch
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