Tesla sold 75% of its Bitcoin holdings prematurely, resulting in missed potential profits. Initially worth 1.5 billion USD, the investment could now be valued at approximately 5 billion USD due to the skyrocketing Bitcoin prices, which surpassed 100,000 USD.
Currently, Tesla holds around 11,509 BTC, valued at 1.4 billion USD. The company faces challenges in its auto revenue while the Bitcoin market has seen institutional interest push prices upwards significantly.
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