{"id":916839,"date":"2026-07-01T21:14:58","date_gmt":"2026-07-02T02:14:58","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/01\/elon-musks-tesla-reports-unchanged-bitcoin-holdings-books-173-million-digital-asset-loss\/"},"modified":"2026-07-01T21:14:58","modified_gmt":"2026-07-02T02:14:58","slug":"elon-musks-tesla-reports-unchanged-bitcoin-holdings-books-173-million-digital-asset-loss","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/01\/elon-musks-tesla-reports-unchanged-bitcoin-holdings-books-173-million-digital-asset-loss\/","title":{"rendered":"Elon Musk&#8217;s Tesla reports unchanged bitcoin holdings, books $173 million digital asset loss"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div data-article-body-start>\n<div id=\"se-_R_4pqanpfiupanivb_\">\n<ul>\n<li>Tesla made no changes to its bitcoin holdings during the first quarter of 2026, continuing to hold 11,509 BTC.<\/li>\n<li>The company reported an after-tax fair value loss of $173 million on its digital assets as bitcoin fell from around $90,000 to roughly $68,000 over the course of Q1 2026.<\/li>\n<li>TSLA stock jumped 4% higher after beating earnings estimates and missing on revenue expectations.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>Elon Musk&#8217;s Tesla&#8217;s (TSLA) bitcoin <span data-submodule-name=\"price-chip\" data-submodule-version=\"1.0.0\" data-submodule-instance=\"default\"><a href=\"http:\/\/www.coindesk.com\/price\/bitcoin\"><span><span><span>BTC<\/span><span><svg fill=\"none\" height=\"24\" viewBox=\"0 0 24 24\" width=\"24\"><path d=\"M15.79 11.71L13.2 14.3C12.81 14.69 12.18 14.69 11.79 14.3L9.19995 11.71C8.56995 11.08 9.00995 10 9.89995 10H15.09C15.98 10 16.42 11.08 15.79 11.71Z\" fill=\"var(--text-neg)\" \/><\/svg><\/span><span>$58,580.68<\/span><\/span><\/span><\/a><\/span> holdings were unchanged in the first quarter of 2026, with the company continuing to hold its 11,509 BTC stockpile.<\/p>\n<p>The company <a href=\"https:\/\/assets-ir.tesla.com\/tesla-contents\/IR\/TSLA-Q1-2026-Update.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">booked<\/a> an after-tax impairment loss of $173 million on its digital asset holdings, according to its first quarter earnings report.<\/p>\n<p>The value of that stash declined as bitcoin fell from around $90,000 at the start of the year to roughly $68,000 by the end of March.<\/p>\n<p>Tesla reported better-than-expected earnings but missed on revenue. For the first quarter, the firm reported revenue of $22.39 billion, slightly below than analyst estimates of $22.71 billion. Earnings per share came in at $0.41, higher than <a href=\"https:\/\/www.ig.com\/en\/news-and-trade-ideas\/tesla-q1-2026-earnings-preview--car-company-or-ai-infrastructure-260420\" target=\"_blank\" rel=\"noopener noreferrer\">consensus forecast<\/a> of $0.37.<\/p>\n<p>TSLA stock was trading 4% higher in after-hours trading.<\/p>\n<h3>Tesla\u2019s bitcoin journey<\/h3>\n<p>Tesla initially bought bitcoin in February 2021, acquiring 43,200 BTC for roughly $1.5 billion. About a month later, the company sold around 4,320 BTC, roughly 10% of its position, to test market liquidity.<\/p>\n<p>By July 2022, amid the bear market, Tesla had cut its position to 9,720 BTC. A small increase in January 2025 brought holdings to 11,509 BTC, where they have remained since.<\/p>\n<\/div>\n<\/div>\n<p> James Van Straten <a href=\"https:\/\/www.coindesk.com\/markets\/2026\/04\/22\/elon-musk-s-tesla-reports-unchanged-bitcoin-holdings-books-usd173-million-digital-asset-loss\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla made no changes to its bitcoin holdings during the first quarter of 2026, continuing to hold 11,509 BTC. The company reported an after-tax fair value loss of $173 million on its digital assets as bitcoin fell from around $90,000 to roughly $68,000 over the course of Q1 2026. TSLA stock jumped 4% higher after<\/p>\n","protected":false},"author":1,"featured_media":916840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146,2586],"tags":[11476],"class_list":["post-916839","post","type-post","status-publish","format-standard","has-post-thumbnail","category-musks","category-tesla","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/916839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=916839"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/916839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/916840"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=916839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=916839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=916839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}