Elon Musk’s Tesla Made no Changes to Bitcoin Holdings in First Quarter

The value of digital assets held by Elon Musk’s company at quarter’s end was $184 million, flat from the fourth quarter of 2022. The valuation remained flat even as bitcoin (BTC) rose to about $28,500 at the end of the first quarter from $16,500 three months earlier, as current accounting rules don’t allow such gains to be booked.

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