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 Didn't Sell Any Bitcoin In Q4, But The Elon Musk-Led Company's Paper Losses Amounted To Millions
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Tesla (NASDAQ: TSLA) did not sell any Bitcoin in Q4 and reported a $307 million unrealized loss on its cryptocurrency holdings, the company said in its earnings report posted after market close Wednesday. Tesla held $1.008 billion in digital assets as of Dec. 31, down 23% from the prior quarter, reversing two consecutive quarters of paper profits.
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