Tesla reported $951 million in cryptocurrency holdings, primarily in bitcoin, as of March 31, 2025, down from $1.076 billion at the end of the previous year. The decline in value is attributed to a decrease in bitcoin's price, and it was noted that Tesla did not sell any digital assets during the last quarter. Currently, the company holds 11,509 bitcoins. Tesla's first-quarter revenue was $19.34 billion, which fell short of analysts' expectations of $21.37 billion. In after-hours trading, Tesla shares rose by over 2%. The Financial Accounting Standards Board mandates that companies report the value of their digital assets quarterly, requiring adjustments based on market fluctuations. Tesla's digital asset holdings are presently valued at approximately $1.049 billion according to Arkham Intelligence.

Source 🔗