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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- Source: https://www.coindesk.com/business/2023/04/19/tesla-made-no-changes-to-bitcoin-holdings-in-first-quarter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines