Wed, 22 Apbitcoin

Elon Musk's Tesla reports unchanged bitcoin holdings, books $173 million digital asset loss

Burns Brief

The company's bitcoin stash remained at 11,509 BTC, worth about $880 million at bitcoin's current price of around $78,000 The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.

The company's bitcoin stash remained at 11,509 BTC, worth about $880 million at bitcoin's current price of around $78,000.

Key Takeaways