December 26, 2024

Rise To Thrive

Investing guide, latest news & videos!

Tesla’s diamond hands: EV maker’s Bitcoin holdings see no change in Q2

1 min read
Tesla’s diamond hands: EV maker's Bitcoin holdings see no change in Q2

For the fourth quarter in a row, Tesla hasn’t sold or added to its digital asset holdings with the electric vehicle manufacturer continuing to hold $184 million worth of its remaining Bitcoin (

Despite beating expectations, the market seemingly failed to register much in the way of a positive response. Tesla’s stock price dropped 4.19% to $279.07 in after-hours trading according to data from Google Finance.

Tesla stock price dropped 4.19% in after-hours trading. Source: Google Finance

Bitcoin is down nearly 5% for the week and is currently changing hands for $29,914, according to Cointelegraph data.

Some traders expect Bitcoin to revisit a price of roughly $27,500 in the coming days after failing to hold strong above the $30,000 resistance mark.

Magazine: Tokenizing music royalties as NFTs could help the next Taylor Swift