Tesla (TSLA), one of the leading car and clean energy companies owned by Elon Musk, announced Today, none of its $ 1 billion in Bitcoin was sold in the first quarter of 2025. The company bought or did not sell any of its Bitcoin, according to the latest report.
Tesla’s current holding of bitcoin is worth approximately $ 1,050,000 at press time. The holdings also have an unrealized profit of over $ 500 million. While the company did not sell any of its BTC holdings, Tesla last did a significant bitcoin transaction in the third quarter of 2024. Then for the first time in two years, Elon Musks Tesla transferred All its Bitcoin assets of $ 760 million from their public wallet.
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Bitcoin trends are currently upwards, grow 7% over the past month and recycles $ 90,000. Although Tesla is not part of it, trade activity around BTC is also up, with many investors happy that the asset has escaped their 2025 decline. Spot Bitcoin ETFs are also heated, with inflows that are rising to their highest levels since January. Although Tesla sold most of its early Bitcoin investments, their current Tesla Bitcoin holding shows strong results. Several experts point to new accounting rules and bitcoin market vollatility as important success factors. Several indicators suggest that Cryptocurrency’s profit growth continue to improve Tesla’s economy, as some major institutions accept Cryptocurrency.
In addition, Elon Musk’s SpaceX also owns a remarkable bitcoin stash that is estimated to be worth $ 560 million. Both billionaire’s companies own a combined 19,788 BTC, which is worth over $ 1.8 billion.
