Tesla’s $1.25 Billion Bitcoin Stash on Coinbase Prime Signals Institutional Trust

Tesla Inc. has maintained its substantial Bitcoin holdings of approximately 11,900 BTC, currently valued at $1.257 billion, since its initial acquisition in Q1 2021. This move reinforces the company’s confidence in Bitcoin as a long-term treasury asset. On-chain data from Arkham Intelligence reveals that Tesla’s Bitcoin is securely custodied with Coinbase Prime, highlighting the institutional-grade security measures in place. This development underscores the growing trust among major corporations in cryptocurrency as a viable asset class, with Coinbase playing a pivotal role in facilitating institutional adoption.

Tesla Maintains $1.25 Billion Bitcoin Holdings, Reinforcing Institutional Confidence

Tesla Inc. continues to hold approximately 11,900 BTC, valued at $1.257 billion based on current prices. The electric vehicle giant has maintained its position since its initial acquisition in Q1 2021, underscoring a steadfast commitment to Bitcoin as a treasury asset.

On-chain data from Arkham Intelligence confirms Tesla’s coins are custodied with Coinbase Prime, reflecting institutional-grade security practices. Despite a 1% price dip in the last 24 hours, the company shows no signs of divestment—a marked contrast to its partial sales totaling $1.2 billion in previous years.

Elon Musk’s bullish stance on bitcoin permeates Tesla’s strategy, with the firm’s $1.5 billion initial investment now representing a cornerstone of corporate crypto adoption. This holding pattern signals enduring confidence in Bitcoin’s long-term value proposition among major enterprises.

XRP Trading Volume Surges 3,445% on Coinbase as Investors Eye Breakout

XRP, the fourth-largest cryptocurrency by market capitalization, has seen an unprecedented surge in trading activity on Coinbase. Over the past seven days, XRP/USD volume skyrocketed by 3,445%, hitting $1.06 billion. This surge coincides with a broader market shift from Bitcoin to altcoins following BTC’s recent all-time highs.

The spike in volume on Coinbase—a platform dominated by U.S. retail investors—hints at mounting interest and speculative positioning for a potential price breakout. XRP is currently trading within a tight consolidation range between $2 and $2.65, reflecting a delicate balance between supply and demand. The Relative Strength Index (RSI) hovers NEAR the midpoint, signaling a tug-of-war between bullish and bearish forces.

Despite the volume surge, XRP dipped to $2.284 on Friday as Bitcoin retreated from its recent peak.