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Tesla Maintains Bitcoin Holdings, Reports $112M BTC Impairment Loss in Q4 2024

Tesla Maintains Bitcoin Holdings, Reports $112M BTC Impairment Loss in Q4 2024
Tesla has kept its Bitcoin (BTC) treasury unchanged during the fourth quarter of 2024, according to its latest financial report. The company disclosed a $112 million impairment loss on its digital asset holdings, reflecting the volatile nature of cryptocurrency markets. Despite the impairment, Tesla did not sell any of its Bitcoin, maintaining its position as one of the largest corporate holders of the leading cryptocurrency. The news highlights Tesla's continued commitment to its Bitcoin strategy amid market fluctuations, with analysts closely watching for any future moves by the electric vehicle giant in the crypto space.
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