Tesla Booked $80M Profit on Bitcoin Holdings in Q3
PositiveCryptocurrency

Tesla has reported an impressive $80 million profit from its Bitcoin holdings in the third quarter, showcasing the company's strategic investment in digital assets. As of September 30, the value of Tesla's Bitcoin holdings rose to $1.315 billion, up from $1.235 billion just three months prior. This growth not only highlights the increasing value of cryptocurrencies but also reinforces Tesla's innovative approach to diversifying its investment portfolio, which could attract more investors and boost confidence in the company's financial strategies.
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