Tesla currently holds 11,509 BTC, valued at approximately $1.27 billion, according to public data from Coinbase Prime Custody.
The surge in Bitcoin's value above $110,000 was supported by positive macroeconomic signals, including President Trump's decision to delay EU trade tariffs.
Despite market volatility, Tesla has maintained a significant BTC position after its $1.5 billion investment earlier in 2021, leading to strong unrealized gains with the recent price appreciation.
Tesla's crypto strategy, amid growing institutional interest and political developments, could be seen as a visionary move if Bitcoin's momentum continues.