<ul><li>Tesla, led by Elon Musk, owns 11,900 BTC worth $1.2 billion according to Arkham Intelligence and previous SEC filings.</li><li>Tesla initially purchased 43,200 BTC worth about $1.5 billion in Q1 2021, later introduced measures like allowing BTC payments for EV cars but subsequently dropped the option due to environmental concerns.</li><li>Tesla employs Coinbase Prime Custody for its Bitcoin treasury and has been reconsidering use cases due to environmental impacts of Bitcoin mining.</li><li>Elon Musk sold a portion of Tesla's initial BTC holdings, but Tesla's current BTC holdings have increased in value to around $1.2 billion amid rising BTC prices.</li></ul>

Elon Musk’s Company Tesla (TSLA) Owns 11,900 BTC Worth $1.2 Billion

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