The company’s total gross profit plunged from $4.4 billion to $3.6 billion over the past two quarters. However, despite the decreased revenue, Tesla didn’t sell any of its 9,720 BTC holdings, per data from Bitcoin Treasuries, — worth around $646 million at the time of writing. Data from Arkham Intelligence shows that Tesla has a total of 11,509 Bitcoins, worth over $765 million at the reporting time.
SpaceX is also holding onto its 8,285 BTC, currently worth $550 million. As the Tesla report came, Bitcoin gained 0.4% in the past 24 hours and is trading at $66,500 at the time of writing. The asset recorded an intraday high of $67,148 earlier today.
Bitcoin’s daily trading volume, however, declined by 3.8%, reaching $23.8 billion.