Tesla Holds 11,509 BTC, Posts $173M Crypto Loss in Q1 2026
Tesla made no changes to its Bitcoin holdings in Q1 2026, keeping 11,509 BTC while booking a $173M after-tax loss as BTC dropped from ∼$90K to ∼$68K.
Q1 Holdings & Loss
* Unchanged stack: 11,509 BTC, worth ∼$880M at current $78,000 price.
* Fair value loss: $173M after-tax on digital assets due to Q1 Bitcoin decline from ∼$90K to ∼$68K.
* No buys or sells during the quarter.
Earnings Snapshot
* Revenue: $22.39B, slightly below $22.71B estimate.
* EPS: $0.41, beat $0.37 consensus.
* TSLA stock: +4% in after-hours trading following earnings.
Tesla’s Bitcoin Timeline
Feb 2021: Bought 43,200 BTC for ∼$1.5B.
Mar 2021: Sold ∼4,320 BTC to test liquidity.
July 2022: Cut to 9,720 BTC during bear market.
Jan 2025: Increased to 11,509 BTC, unchanged since.
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