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New
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Pledge one crypto to borrow another
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VIP Wealth Hub
New
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
New
Use USDT/USDC to mint GUSD for treasury-level yields
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TSL still holds 9700 Bitcoins and has not sold any BTC holdings.
[Chain News] Tesla’s board chair Robyn Denholm stated that as of the end of September 2023, Tesla has not sold any Bitcoin and still holds approximately 9,700 Bitcoins. These assets are classified as intangible assets on Tesla’s balance sheet.
In July 2022, TSL sold about 75% of its Bitcoin holdings, obtaining $936 million in cash at that time. This sale reduced TSL’s Bitcoin holdings from $426 million to $170 million.
However, Tesla founder Musk stated that the company’s sale of Bitcoin is not a judgment on Bitcoin, but rather a matter of liquidity. Tesla has not sold any Dogecoin holdings.