Electric automobile manufacturer Tesla declined to offload anymore Bitcoin (BTC) during the latter half of 2022 in spite of selling 75% of its holdings in the second quarter.

In its Q4 results report on Jan. 25, Tesla’s financials reveal it neither purchased or sold any of its Bitcoin for the 2nd quarter in a row. This was regardless of the hefty market chaos in November and December following the collapse of FTX.

The files show the business holds $184 million in digital possessions since Dec. 31, down from its $218 million in holdings from the quarter prior due to $34 countless disability charges as Bitcoin’s rate declined in between completion of September and December last year.Bitcoin was around

$19,500 on Sep. 30, before dropping almost 15%to$16,600 by Dec. 31. The EV producer also kept its Bitcoin through Q3 in 2015 after selling 75%of its Bitcoin throughout the second quarter. The Q2 sale added$936 million in money to Tesla’s books and the firm benefited $64 million. Tesla CEO Elon Musk explained at the time the sale was to”prove

liquidity of Bitcoin as an option to holding money on a balance sheet.”However, its Bitcoin holdings or take on Bitcoin was not gone over in Tesla’s newest earnings call on Jan. 25. Tesla holds an estimated 9,720 BTC.Related: Trouble brewing for the US: Two-thirds of TradFi expects a 2023 recession Overall, Tesla taped $5.7 billion in benefit from$24.3 billion inearnings for Q4 with its gross margins coming in at the most affordable level in five quarters. The company published a total

earnings of $20.8 million for 2022 from $81.4 billion in revenues.In 2022, we produced & delivered 1.3 M +cars In Q4 we attained our highest-ever quarterly earnings, running income & net income → https://t.co/6WkUryAhKO pic.twitter.com/aOzmL76uja!.?.!— Tesla (@Tesla )January 25, 2023 The revenue figure missed analyst price quotes but its earnings did better than agreement estimates. Tesla’s share cost was up slightly on the day, closing at a gain of almost 0.40%. It continued to trade positively after hours, up nearly 4.6%at the time of composing, according to Google Finance.