​Tesla ain't selling its Bitcoin!

In today's 'hey, that's nice to see' news:

Tesla just reported its quarterly earnings, which revealed that the company held all of its Bitcoin throughout the 2022 bear market.

Specifically: it continued to hold $184M worth of “digital assets” as of the end of the year - which is an estimated 9,720 BTC.

(And thank christ they did! $184M worth of sell pressure could have really tanked prices).

Now...

Is Tesla holding because, as a company, they believe in Bitcoin?

Or because there was no need to sell it just yet?

It's unclear...though if we had to guess, it'd probably be the latter...

BUT!

Seeing as last year was so miserable, we're going to assume there's at least a sliver of belief behind it all, and count this as a win for Bitcoin.

(Ah, ignorance is bliss).