Tesla Makes $1 Billion Per Month—How Much Have Institutions Investing in Bitcoin Earned?

On February 8, 2021, Tesla stated in a filing submitted to the U.S. Securities and Exchange Commission (SEC) that Tesla had purchased $1.5 billion worth of Bitcoin. This move made Tesla the second-largest publicly traded company by Bitcoin holdings. Shortly after Tesla submitted its filing, a post published on the Reddit forum, dated January 2021, sparked heated discussion. The author of the post claimed to be based in California and working in Tesla's software development.