Musk's company's bitcoin holdings have reached $2bn in value
According to monitoring data, Musk's companies' positions in bitcoin are worth $2 billion, with Tesla holding 11,509 bitcoins ($1.17 billion) and SpaceX holding 8,285 bitcoins ($842 million), which were purchased at an average cost of $34,980 each, which means that they've now made a $1.3 billion (186 per cent ) in profits.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Ethereum has held its support level, Bitcoin is expected to rebound to $100,000
An Ethereum OG address deposited 18,000 $ETH worth $54.78 million to an exchange.
Circle mints 1 billion USDC on Solana network within 24 hours
Trending news
MoreCrypto prices
More
