Tesla Didn’t Sell Any Bitcoin In Q4, But The Elon Musk-Led Company’s Paper Losses Amounted To Millions

Tesla Inc. (NASDAQ:TSLA) retained its Bitcoin (CRYPTO: BTC)through the fourth quarter, but reported paper losses on the holdings on Wednesday

Tesla Reports Unrealized Loss On Bitcoin

Tesla held $1.008 billion in digital assets as of Dec. 31, down 23% from the previous quarter, according to the company’s earnings report posted after the market close.

The Elon Musk-led mobility giant reported paper losses of $307 million on its cryptocurrency holdings, reversing two consecutive quarters of paper profits.

Tesla does not publish a breakdown of its cryptocurrency holdings. However, on-chain analytics firm Arkham Intelligence reports that its stockpile consists solely of …

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