Tesla Inc. recorded paper losses on its Bitcoin holdings for the third straight quarter, but did not sell any, according to its earnings release on Wednesday, July 22.

The electric vehicle maker maintained its 11,509 BTC treasury through the second quarter as bitcoin declined 14%, alongside mixed earnings that beat revenue expectations but…

Tesla Inc. recorded paper losses on its Bitcoin holdings for the third straight quarter, but did not sell any, according to its earnings release on Wednesday, July 22.