Tesla is still holding on to $218 million in Bitcoin

Tesla's Bitcoin holdings are unchanged from the second quarter of 2022, according to records provided before its investor relations call

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In a report that Tesla released to the public on Wednesday, the company said that it still has $218 million in Bitcoin

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In July, Tesla said that it had sold 75% of the Bitcoins it owned, which was worth about $936 million at the time

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At the end of June, Tesla said that it still had "digital assets" worth $222 million on its balance sheet

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During the Q2 investor call, Musk said that the company sold its Bitcoin to get cash as China's COVID lockdowns continued

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Tesla remains one of the top publicly traded Bitcoin holdings after MicroStrategy (130,000 BTC) and Galaxy Digital Holdings (16,400 BTC)

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One idea was to let people pay with Dogecoin, which is Musk's favorite cryptocurrency

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