Tesla's Bitcoin Holdings Near $1 Billion As BTC Rally Adds $122 Million

Bitcoin (BTC) traded fairly flat Thursday after a strong weekly rally that pushed the cryptocurrency just over $87,000 on Monday, lifting the value of Tesla's Bitcoin holdings to within striking distance of $1 billion. Tesla holds 11,509 BTC, worth about $997.8 million at current prices, according to blockchain intelligence data cited by Arkham.