Blockchain analytics platform Arkham Intelligence has revealed that Tesla Inc.’s Bitcoin (BTC) holdings at the moment are price round $1.25 billion. With this dimension of its BTC bag, the Elon Musk-owned automaker and its founder at the moment are confirmed HODLers of the highest coin. Basic sentiment hints at how bullish the agency is on the flagship cryptocurrency. Tesla Bitcoin Holdings Present Elon Musk is Bullish As revealed on X by Arkham Intelligence through a screenshot, Tesla at the moment holds $1,257,345,294.56 price of Bitcoin. One unit of Bitcoin is at the moment buying and selling at $108,929.10, following a 2.02% drawdown within the final 24 hours. At this worth degree, the automotive producer holds round 11,900 BTC. The agency is leveraging Coinbase Prime Custody as its custodian for this huge holding. It’s hardly stunning that Tesla holds such a Bitcoin bag. The corporate surprised the broader market when it purchased $1.5 billion price of the coin in Q1… Read More at Coingape.com
The put up Elon Musk’s Tesla Still Bullish On Bitcoin, Holds $1.25B BTC appeared first on CoinGape.