Tesla maintains $ 1.25 billion in Bitcoin’s possessions, indicating continuous confidence

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Tesla Inc. still It has about 11,900 BTC. At the rate of today, which is 108,929.10 dollars per currency, the value of this bunker is about 1.257 billion dollars. According to the data on the series Arkham Intelligence on X, the electric car maker has not skipped from the Hodl position since its first large purchase in the first quarter of 2021.

Bitcoin’s possessions confirmed in Tesla

Depending on the reports, Tesla maintains coins Coinbase Prime. This step confirms the company’s comfort while keeping large quantities of bitcoin.

1 % decrease in the past 24 hours has not paid any sale. Once again in 2021, Tesla spent $ 1.5 billion to buy bitcoin. She later sold slices of about $ 1.2 billion, but it was not completely spent.

Companies buyer intervention

More companies accumulate in Bitcoin, and they buy widely. Strategy Company, Under Michael Silor, he owns 576,230 BTC after adding 7,390 coins for $ 765 million.

The move sent its shares more than $ 400. Technical outfit is traded under Ticker 3350.t 7800 BTC on his books. It plans to reach 10,000 BTC and saw its shares jumping 15 % after another purchase of 1,004 coins.

Countries seek bitcoin reserves

The return of US President Donald Trump to his post this year has sparked new attention to PECs. New Hampshire acknowledged a draft law on May 6 that allows some government funds to reach 5 % in Bitcoin and other large encryption assets.

Tesla maintains 125 billion in Bitcoins possessions indicating continuous
BTC is currently trading at 108,290 dollars. table: Tradingvief

In Texas, the House of Representatives approved the Senate Law 21 on May 22, with a vote of 101-42, with the creation of a Bitcoin Strategy Texas Reserve. Conservatives in both countries weigh when signing. Arizona also wiped a box of reassuring property to go to encryption on May 7.

Tesla maintains 125 billion in Bitcoins possessions indicating continuous

Credit: David Paul Morris / Bloomberg / Contributor / Getty Images

A closer look at the numbers

Tesla’s 11,900 BTC is much lower than its original distances of 43,200-Coin than 2021. Its value is 576,230 of 576,230 dollars at current prices.

7800 BTC is 3350. State plans vary, but the New Hampshire cover may witness millions of shifts to Bitcoin this year. It does not specify the Texas bill to the dollar, but any step will first be for a major country.

Expectations to adopt bitcoin

Watch the investors and public bodies Bitcoin price Fluctuations for clues before putting money at work. The stable tesla commented that faith has not retreated. Corporate purchases maintain the main headlines, while the state’s plans hint over a new chapter in American financing.

Market monitors will search for signatures on these bills and any new movements from other states. Currently, the story is clear: the big players still see Bitcoin worth having.

Distinctive image from Unsplash, tradingvief chart

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