Log in

Home
Research
Analysis
Community
  1. Cryptonary
  2. Archived Posts
  3. Tesla's Bitcoin holdings increase to $2.5 billion
News

Tesla's Bitcoin holdings increase to $2.5 billion

Updated: Aug 31, 2024
Published: Apr 28, 2021
0
Share:

Bitcoin's price has appreciated in value over the past few months, rising by roughly 100% since the start of the year. This rapid rise has seen companies that invested in Bitcoin generate massive profit, and Tesla is one of them.

Post Feature Image

Tesla's Bitcoin investment rises

Electric car manufacturer Tesla has revealed that it's Bitcoin investment has massively increased over the past few months. The company noted this in its securities filing for the first quarter of the year.

According to the securities filing, Tesla now holds $2.5 billion worth of bitcoins in its balance sheet. This represents an increase of nearly $1 billion after the company invested $1.5 billion in Bitcoin in February.

Cryptonary reported in February that the electric car manufacturer allocated $1.5 billion from its cash reserves to purchase bitcoins. "Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term," the company said.

At the time when Tesla bought the bitcoins, the leading cryptocurrency was trading around $39,000. It has since gone on to rally and set a new all-time high close to the $63,000 mark. Although Bitcoin's price is down to the $55k region, Tesla's investment has gone up sizably in two months.

Tesla reported its Bitcoin holdings a few days after selling $272 million worth of bitcoins. In its earnings report on Monday, the company revealed that it had sold some of its bitcoin and received $272 million in proceeds.

Tesla also accepts Bitcoin as payment

The electric car manufacturer began accepting Bitcoin as a form of payment for its vehicles last month. According to Elon Musk, Tesla has no intention of converting the bitcoins it obtains from its car sales to fiat currencies.

Currently, the payment option is available to its customers in the United States, but Tesla is working on expanding it to other countries in the coming months.

Continue reading by joining Cryptonary Pro

Save 30%

$997/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

3X Value Guarantee

If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

How does the 3X Value Guarantee work?

We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.

Recommended from Cryptonary
BTC, ETH and More: Altcoins Show Signs of Strength
PRO
Market Direction
BTC, ETH and More: Altcoins Show Si...Markets remain range-bound, but the balance of risks has shifted marginally toward a short-term reli...
9 min read
Jan 2, 2026
Market Update: Relief Rally Potential Hinted by Sentiment and Flows
PRO
Market Updates
Market Update: Relief Rally Potenti...After a quiet holiday period, markets are slowly finding their footing again, though activity remain...
7 min read
Dec 31, 2025
BTC, ETH and More: Sideways Holiday Action
PRO
Market Direction
BTC, ETH and More: Sideways Holiday...Markets are closing out the year with thin liquidity, tight ranges, and limited follow-through. This...
9 min read
Dec 30, 2025
Cryptonary's 2026 Crypto Market Outlook
PRO
Research Report
Cryptonary's 2026 Crypto Market Out...We’re starting 2026 with something special. This report brings together the lessons and outlook of t...
3 min read
Jan 7, 2026
BTC, ETH and More: Bullish Momentum Across Crypto Majors and Select Alts
PRO
Market Updates
BTC, ETH and More: Bullish Momentum...Markets are finally moving with intent after weeks of compression and false starts. Key levels are b...
11 min read
Jan 6, 2026
Market Update: Crypto Relief Rally Continues
PRO
Market Updates
Market Update: Crypto Relief Rally ...Markets have kicked off the year with speed and intent. In this update, we break down what’s driving...
9 min read
Jan 5, 2026
BTC, ETH and More: Altcoins Show Signs of Strength
PRO
Market Direction
BTC, ETH and More: Altcoins Show Si...Markets remain range-bound, but the balance of risks has shifted marginally toward a short-term reli...
9 min read
Jan 2, 2026
Market Update: Relief Rally Potential Hinted by Sentiment and Flows
PRO
Market Updates
Market Update: Relief Rally Potenti...After a quiet holiday period, markets are slowly finding their footing again, though activity remain...
7 min read
Dec 31, 2025
BTC, ETH and More: Sideways Holiday Action
PRO
Market Direction
BTC, ETH and More: Sideways Holiday...Markets are closing out the year with thin liquidity, tight ranges, and limited follow-through. This...
9 min read
Dec 30, 2025
Cryptonary's 2026 Crypto Market Outlook
PRO
Research Report
Cryptonary's 2026 Crypto Market Out...We’re starting 2026 with something special. This report brings together the lessons and outlook of t...
3 min read
Jan 7, 2026
BTC, ETH and More: Bullish Momentum Across Crypto Majors and Select Alts
PRO
Market Updates
BTC, ETH and More: Bullish Momentum...Markets are finally moving with intent after weeks of compression and false starts. Key levels are b...
11 min read
Jan 6, 2026
Market Update: Crypto Relief Rally Continues
PRO
Market Updates
Market Update: Crypto Relief Rally ...Markets have kicked off the year with speed and intent. In this update, we break down what’s driving...
9 min read
Jan 5, 2026
BTC, ETH and More: Altcoins Show Signs of Strength
PRO
Market Direction
BTC, ETH and More: Altcoins Show Si...Markets remain range-bound, but the balance of risks has shifted marginally toward a short-term reli...
9 min read
Jan 2, 2026
Market Update: Relief Rally Potential Hinted by Sentiment and Flows
PRO
Market Updates
Market Update: Relief Rally Potenti...After a quiet holiday period, markets are slowly finding their footing again, though activity remain...
7 min read
Dec 31, 2025
BTC, ETH and More: Sideways Holiday Action
PRO
Market Direction
BTC, ETH and More: Sideways Holiday...Markets are closing out the year with thin liquidity, tight ranges, and limited follow-through. This...
9 min read
Dec 30, 2025
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsCrypto Research
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for us
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift

Email Address

​

Phone Number

Germany

No spam. No hype. Just the research.