Tesla reports no change in Bitcoin holdings, absorbs $173 million digital asset loss under Elon Musk

Tesla held its Bitcoin position steady in the first quarter of 2026, maintaining 11,509 BTC—valued at დაახლოებით $880 million at current prices near $78,000.

The automaker, led by Elon Musk, reported a $173 million after-tax impairment tied to its digital asset holdings, reflecting ongoing volatility in crypto valuations.

Tesla delivered a mixed earnings performance for the quarter. Revenue came in at $22.39 billion, missing analyst expectations of $22.71 billion, while earnings per share beat forecasts at $0.41 versus a $0.37 consensus estimate.

Shares of TSLA rose დაახლოებით 4% in after-hours trading as investors reacted positively to the earnings beat despite the revenue shortfall.

Tesla first entered the Bitcoin market in February 2021 with a $1.5 billion purchase totaling 43,200 BTC. The company later sold roughly 10% of its holdings—around 4,320 BTC—to test liquidity conditions.

Its crypto exposure was further reduced during the 2022 market downturn, when holdings were cut to 9,720 BTC. A subsequent increase in January 2025 brought Tesla’s total to 11,509 BTC, a level that has remained unchanged since.

  • Related Posts

    Pantera urges Satsuma to exit Bitcoin following a 99% collapse in DAT shares

    Pantera Capital is pushing Satsuma Technology to dismantle its bitcoin treasury strategy, calling for the liquidation of its remaining holdings and a return of capital to investors. The demand comes…

    Continue reading
    Bitcoin bull score rebounds out of bearish levels—yet a key warning remains

    Bitcoin is showing improving underlying conditions, but a widely followed on-chain indicator suggests the market has yet to confirm a durable bullish shift. CryptoQuant’s Bitcoin Bull Score Index has climbed…

    Continue reading