Tesla Falls Short on Earnings, Still Holds $951 Million Worth of Crypto
Tesla’s Bitcoin Holdings Remain Intact at $951M Despite Revenue Miss
Tesla (TSLA) retained its sizeable bitcoin position through the first quarter of 2025, reporting $951 million in digital asset holdings despite a dip in quarterly revenue.
The electric vehicle giant’s crypto stash fell from $1.076 billion at the end of 2024, primarily due to price fluctuations in bitcoin rather than any asset sales. Tesla’s bitcoin balance remains unchanged at 11,509 BTC, according to Bitcoin Treasuries. Blockchain data from Arkham Intelligence confirms no outgoing transactions from Tesla’s wallet over the past three months.
Arkham currently estimates the value of Tesla’s holdings at roughly $1.049 billion, based on market prices.
The company’s latest filing complies with new Financial Accounting Standards Board (FASB) guidelines requiring companies to mark crypto assets to market each quarter.
Financially, Tesla brought in $19.34 billion in revenue for the first quarter, falling short of analysts’ expectations of $21.37 billion. Nonetheless, TSLA shares rose more than 2% in after-hours trading, suggesting investors remain optimistic despite the earnings miss and digital asset markdown.
Share this content: