Deniz 
In comparison to Tesla’s stock price, the value of Bitcoin (BTC) has exploded in the last five years. There has been a 1,180% increase in the price of Bitcoin and an 806% increase in the shares of Tesla, according to statistics from TradingView.
Over shorter horizons, Bitcoin has also beaten Tesla’s returns. Just a year ago, the value of Bitcoin grew to 139%, while the value of Tesla stocks decreased by more than 11%. On the other hand, since the beginning of the year, Tesla’s share price has been down by 42%, while Bitcoin is up by 49%.
Thanks to its phenomenal success, Bitcoin market capitalization has reached $1.3 trillion, becoming the 9th largest asset in the world. In contrast, Tesla is the world’s 21st-largest asset by market value, with a value of $455 billion.
Tesla buying more than $1.5 billion worth of BTC in February 2021, Tesla joined the ranks of the first publicly traded companies that had done so. However, the company did sell some 10% of its Bitcoin holdings in March 2021 and some 75% in the second quarter of 2022.
By not selling its bitcoin, Tesla would have ended up with more than $1.27 billion, a return of over 84% over its original investment. Tesla now has 11,509 BTC, worth more than $766 million with Coinbase Prime Custody.
Bitcoin ETFs
One of the major drivers of the 60% Bitcoin rally this year has been 10 US spot Bitcoin exchange-traded funds (ETFs) being available for trading.
Comprising an aggregate value of almost $55.1 billion, these Bitcoin ETFs, which have reposed on-chain holdings of over 835,000 BTC.