How much investment did TELSA in bitcoin in 2021

TESLA held nearly $2 billion worth of bitcoin at the end of 2021

TESLA said Monday it was holding nearly $2 billion in bitcoin at the end of last year.

The company purchased a total of $1.5 billion in bitcoin in 2021.

The cryptocurrency finished the year up nearly 60%, trading above $46,000 on Dec. 31.

It had slipped as low as $30,000 in July amid concerns over a regulatory crackdown in China,

Then rallied to an all-time high above $68,000 by early November.

Bitcoin was trading just below $43,000 on Monday morning.

TESLA recorded $101 million worth of impairment losses in 2021

TESLA added that it realized gains of $128 million after selling a portion of its holdings last March.

Overall, TESLA gained $27 million in its crypto transactions during the year.