Tesla reported a $1.5 billion investment in Bitcoin in February 2021.

Tesla sold part of its Bitcoin holdings, realizing a potential profit of $1.208 billion.

The company converted 75% of its Bitcoin assets into cash, which contributed $936 million to its balance sheet.

Michael Saylor, a proponent of Bitcoin, had advised Tesla to convert its entire balance sheet into the cryptocurrency.

Tesla's potential profit could have reached $20 billion had it followed Saylor's advice, given Bitcoin's current price.