Tesla's Bitcoin treasury gained $122.62 million in value this week as BTC rallied 14%, pushing total holdings to $994.90 million. The automaker now sits just $5.1 million away from the $1 billion valuation mark for its crypto reserves.
The company continues to hold exactly 11,509 BTC, maintaining the same position for four consecutive years without executing any on-chain transactions. This passive strategy has generated approximately $100 million in unrealized gains during the recent market upswing alone.
Tesla Bitcoin Holdings Surge $122M to Near $1 Billion Milestone
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