Tesla Still Holds $650 Million in Bitcoin Amid Renewed Price Surge

Tesla originally invested $1.5 billion in Bitcoin in early 2021 and briefly accepted it as payment for vehicles before suspending due to energy usage concerns
Tesla still holds around 9,720 Bitcoins worth over $650 million, the 3rd largest public company holdings
Bitcoin is surging in value, up 55% in the last month, ahead of an upcoming "halving" event which will reduce new supply
It's unclear if Tesla will sell its holdings for profit, double down with more investment, or resume accepting Bitcoin for payments
Bitcoin mining is starting to use more renewable energy, which could address Tesla’s previous environmental concerns