{"id":1215,"date":"2024-04-24T00:21:52","date_gmt":"2024-04-24T00:21:52","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/24\/tesla-retains-bitcoin-holdings-despite-q1-earnings-plunge\/"},"modified":"2024-04-24T00:21:52","modified_gmt":"2024-04-24T00:21:52","slug":"tesla-retains-bitcoin-holdings-despite-q1-earnings-plunge","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/24\/tesla-retains-bitcoin-holdings-despite-q1-earnings-plunge\/","title":{"rendered":"Tesla Retains Bitcoin Holdings Despite Q1 Earnings Plunge"},"content":{"rendered":"<p>The company\u2019s total gross profit plunged from $4.4 billion to $3.6 billion over the past two quarters. However, despite the decreased revenue, Tesla didn\u2019t sell any of its 9,720 BTC holdings, per data from Bitcoin Treasuries, \u2014 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.<\/p>\n<p>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.<\/p>\n<p>Bitcoin\u2019s daily trading volume, however, declined by 3.8%, reaching $23.8 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company\u2019s total gross profit plunged from $4.4 billion to $3.6 billion over the past two quarters. However, despite the decreased revenue, Tesla didn\u2019t sell [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[387],"tags":[],"class_list":["post-1215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-and-bitcoin-finance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=1215"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/1214"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=1215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=1215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=1215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}