Tesla’s Bitcoin Bet Pays Off: $1 Billion in Holdings See Massive Growth

The post Tesla’s Bitcoin Bet Pays Off: $1 Billion in Holdings See Massive Growth appeared first on Coinpedia Fintech News Tesla’s Bitcoin bet is paying off, with the company’s holdings more than doubling in value this year. Currently, Tesla holds 11,509 BTC, now worth over $1 billion, as Bitcoin reached an all-time high of $89,560. Tesla’s original $1.5 billion Bitcoin purchase in February 2021 has grown by $495 million in profit, largely due to the …

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