Tesla Inc, the electric vehicle manufacturer led by Elon Musk, continues to be one of the largest Bitcoin holders in the market. Recent data from Arkham indicates that the company has not sold any Bitcoin this year, maintaining its position even during significant market fluctuations.
Bitcoin as a Key Asset for Tesla
Arkham’s analysis revisited Tesla’s initial investment in Bitcoin made back in 2021. At that time, the company acquired $1.5 billion worth of Bitcoin, establishing itself as an early adopter of $BTC treasury assets.
During its peak valuation, Tesla’s Bitcoin holdings exceeded their original purchase price due to a surge in cryptocurrency value. Nevertheless, there have been at least two instances where Tesla divested some of its $BTC.
According to reports, “In March and April 2021, Tesla liquidated 4,670 $BTC, yielding around $260.2 million and realizing a profit close to $100.2 million on these transactions.”
At that time, Elon Musk stated that the objective was to demonstrate how liquid this asset could be within open markets. Additionally, some activity was noted within Tesla’s Bitcoin wallets back in June 2022.
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— Arkham (@arkham) March 6, 2026
Since then up until now, all of Tesla’s Bitcoins remain stored in Coinbase’s hot wallet without any indications of impending sales. The current value of these assets is estimated at approximately $812 million.
The Broader Context: Firms and Their Treasury Holdings in Bitcoin
In addition to Tesla’s substantial holdings , Arkham also highlighted SpaceX—the aerospace manufacturer—as possessing a total of 8,285 $BTC , valued at around $584 million.
This accumulation reflects an encouraging trend among corporations towards adopting cryptocurrencies like Bitcoin as reliable stores of value. Other companies such as Strategy Inc., have consistently engaged in acquiring more $BTC , with expectations for long-term appreciation.
Recently observed was a temporary surge in Bitcoin prices over several weeks driven by increased investments into spot-based $BTC ETF products.
As per current trading data , the cryptocurrency is priced at $69 ,990 after experiencing a decline of about 3 .61 % over the last day . This downturn is viewed positively as it represents necessary adjustments influenced by short-term investors taking profits .