LIVE

MARKET CAP$2.66T+0.60%

24H VOL$83.03B-1.91%

EXCHANGES1,472

BTC DOMINANCE58.0%

ETH DOMINANCE10.6%

TOP ALTXRP (3.2%)

LIVE

MARKET CAP$2.66T+0.60%

24H VOL$83.03B-1.91%

EXCHANGES1,472

BTC DOMINANCE58.0%

ETH DOMINANCE10.6%

TOP ALTXRP (3.2%)

Home›Coin Gape›Elon Musk’s Tesla Still Bullish On Bitcoin, Holds $1.25B BTC

Coin Gape

Original publisher

Share:

Elon Musk’s Tesla Still Bullish On Bitcoin, Holds $1.25B BTC

May 23, 2025

1 min read

Elon Musk’s Tesla Still Bullish On Bitcoin, Holds $1.25B BTC

Blockchain analytics platform Arkham Intelligence has revealed that Tesla Inc.’s Bitcoin (BTC) holdings are now worth around $1.25 billion. With this size of its BTC bag, the Elon Musk-owned automaker and its founder are now confirmed HODLers of the top coin. General sentiment hints at how bullish the firm is on the flagship cryptocurrency. Tesla Bitcoin Holdings Show Elon Musk is Bullish As revealed on X by Arkham Intelligence via a screenshot, Tesla currently holds $1,257,345,294.56 worth of Bitcoin. One unit of Bitcoin is currently trading at $108,929.10, following a 2.02% drawdown in the last 24 hours. At this price level, the car manufacturer holds around 11,900 BTC. The firm is leveraging Coinbase Prime Custody as its custodian for this massive holding. It is hardly surprising that Tesla holds such a Bitcoin bag. The company stunned the broader market when it bought $1.5 billion worth of the coin in Q1... Read More at Coingape.com

The post Elon Musk’s Tesla Still Bullish On Bitcoin, Holds $1.25B BTC appeared first on CoinGape.

RELATED TOPICS

elonanalytics platformrevealed teslabitcointesla holdsarkhamteslabullisharkham intelligenceholdsworthintelligence revealedholds btcintelligencecoin gapeblockchain analyticsbtctesla incsincs bitcoincriptorplatform arkhamrevealed

More From Coin Gape

Trump Dinner: Is TRUMP Coin At Risk After President Broke Federal Law?

Trump Dinner: Is TRUMP Coin At Risk After President Broke Federal Law?

339 days ago

Bitcoin 2025 Conference: Dates & Ticket Guide for Las Vegas Event

Bitcoin 2025 Conference: Dates & Ticket Guide for Las Vegas Event

339 days ago

What Happens to Cardano Price if ADA Flips USDC’s $61B Market Cap?

What Happens to Cardano Price if ADA Flips USDC’s $61B Market Cap?

339 days ago

View All Articles

Market Overview

Bitcoin

77,127.741.028%

Ethereum

2,327.551.665%

Binance Coin

626.470.306%

Cardano

0.251.297%

Ripple

1.39561.086%

Subscribe to Updates

Get the latest cryptocurrency news and insights delivered directly to your inbox.

You May Also Like

Will 14M SHIB Burned Be Enough to Boost the Shiba Inu Price?

Will 14M SHIB Burned Be Enough to Boost the Shiba Inu Price?

Crypto Tax: Form 1099-DA: What Crypto Investors Need to Know

Crypto Tax: Form 1099-DA: What Crypto Investors Need to Know

Here’s How High XRP Price Could Go if Bitcoin Hits $150,000

Here’s How High XRP Price Could Go if Bitcoin Hits $150,000

Pi Network Team Announces Two Major Updates Amid Kraken Pi Coin Listing

Pi Network Team Announces Two Major Updates Amid Kraken Pi Coin Listing