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Tesla’s bitcoin holdings worth nearly $2 billion

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© Reuters. FILE PHOTO – Representations for virtual currency Bitcoin can be seen before the Tesla logo in this illustration, taken February 9, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – Tesla (NASDAQ) Inc stated Monday that the fair market value for the bitcoin holdings of electric-vehicle manufacturer Tesla as of Dec. 31, was $1.99 billion.

It had previously invested $1.50 Billion in bitcoin, and it briefly accepted cryptocurrency last year as payment for certain product sales.

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