Source: www.reuters.com

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(Reuters) - Tesla Inc said on Monday the fair market value of the electric-vehicle maker’s bitcoin holdings as of Dec. 31 was $1.99 billion.

The company had invested $1.50 billion in bitcoin and briefly accepted the cryptocurrency as a payment for sales of certain products last year.

Reporting by Subrat Patnaik in Bengaluru; Editing by Shounak Dasgupta