Tesla holds $825 million worth of Bitcoin

On July 23rd (UTC+8), the offshore Chinese yuan (CNH) was trading at 6.7751 yuan against the US dollar, down 62 points from Tuesday's late trading in New York. The overall trading for the day was in the range of 6.7678 to 6.7761 yuan.

According to documents submitted by Protect Progress PAC to the Federal Election Commission (FEC), it has spent over $986000 to support Michigan's 13th congressional district Democratic Congressman Shri Thanedar and oppose challenger Donavan McKinney. Protect Progress PAC spent approximately $1 million in 2024 to support Shri Thanedar. Fairshake and its affiliated organizations have a fund reserve of $191 million. Protect Progress PAC spent over $100000 to support Arizona Congressman Greg Stanton's re-election, while Defend American Jobs PAC spent over $65000 to support Republican candidate Amanda McKinney in Washington's 4th district.

US President Trump has stated that the US government will face the risk of a shutdown in September.

Tesla stated that battery pack production capacity remains a limiting factor and the company is working to increase production capacity; It is expected that the Optimus at the Fremont factory will start production later this year, with the semi-trailer and Megapack 3 progressing according to the production schedule.

Tesla disclosed in its second quarter financial report that it still holds all 11509 BTC, resulting in an unrealized loss of $112 million. （Bitcoin Archive）