Rumors have circulated about Tesla's surprise purchase of Bitcoin (BTC), but a Securities and Exchange Commission (SEC) filing showed that there were no new purchases. It has been known since 2023 that Tesla owns 11,509 BTC, and its holdings have not increased in years. The confusion seems to have originated from an inaccurate BTC tracking website. In fact, Tesla's BTC holdings have actually decreased significantly since 2021. Instead of buying BTC, Elon Musk has been focusing on other areas of crypto, particularly Dogecoin (DOGE). Tesla did not own any DOGE as of its December 2024 earnings report.



Other News from Today