Tesla Announced Not Selling Any of Its $640,866,000 Worth of Bitcoin in Q2 2024

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

**Tesla Retains $640.866 Million in Bitcoin, Selling None in Q2 2024**

In a recent disclosure, Tesla announced that it has not sold any of its Bitcoin holdings valued at $640.866 million during the second quarter of 2024. This decision indicates the electric vehicle manufacturer’s continued confidence in the cryptocurrency, despite the volatile nature of the market. Tesla’s steadfast approach could serve as a significant indicator for both institutional and retail investors observing the crypto landscape.

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