Another Nasdaq-Listed EV Company Joins Tesla As Bitcoin Holder: Here’s Who (And How Much It Bought)
Posted On July 25, 2025
Electric vehicle company Volcon Inc. (NASDAQ:VLCN) on Friday announced it now holds 3,183.37 Bitcoin (CRYPTO: BTC), purchased for approximately $375 million at an average acquisition price of $117,697 per coin.
What Happened: The disclosure establishes Volcon as one of the most aggressive publicly traded corporate accumulators of Bitcoin to date.
The company said it has also sold short-term Bitcoin put contracts at strike prices of $115,000, $116,000, and $117,000, allowing it to potentially acquire more BTC while generating premium income to reduce net acquisition costs.
“Our treasury strategy reflects …
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