Electric car makerTesla IncTLSA continues to hold on toBitcoinBTC/USD but only acceptsDogecoinDOGE/USD for making purchases.
What Happened:Teslas fourth-quarter financials revealedthat, for the second quarter in a row, the electric car maker neither bought nor sold any of its Bitcoin holdings. This is despite the sharp market turbulence in November and December, triggered by the collapse of FTX.
In an FAQ, Tesla says it only accepts Dogecoin: Tesla cannot receive or detect any other digital assets. Ensure you are making your purchase with Dogecoin. Sending any other digital assets may result in the assets being lost or destroyed. Non-Dogecoin digital assets sent to Tesla will not be returned to the purchaser.
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The company reported that its total digital assets held by the end of December 2022 were $184 million, a decrease of $34 million from the previous quarter due to the dip in the price of Bitcoin between September and December of last year.
In May 2021, Musk suspended Tesla purchases with Bitcoinciting environmental concerns.
Later, in March 2022 Musk said thatTesla merch could be bought with Dogecoinand he will soon addSpaceXmerch as well. In February 2022, he announced that the company'ssupercharging station will accept Doge as payment.
Price Action: BTC was trading at $23,159 up 2% in the last 24 hours,according to Benzinga Pro.
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