Tesla kept its Bitcoin holdings unchanged through the first quarter of 2026, maintaining a reserve of 11,509 BTC valued at roughly $880 million at current prices near $78,000.
The EV maker, led by Elon Musk, reported a $173 million after-tax impairment loss related to its digital asset portfolio, according to its latest earnings disclosure.
On the financial front, Tesla delivered mixed results. While profitability beat expectations, revenue came in slightly below forecasts. The company posted $22.39 billion in quarterly revenue versus analyst estimates of $22.71 billion. Earnings per share reached $0.41, topping the consensus projection of $0.37.
Shares of TSLA climbed about 4% in after-hours trading following the announcement.
Tesla’s Bitcoin exposure has shifted over time. The company initially entered the market in February 2021 with a $1.5 billion purchase of 43,200 BTC. Shortly after, it sold roughly 4,320 BTC—about 10% of its holdings—to gauge liquidity conditions.
Amid the 2022 crypto downturn, Tesla reduced its position to 9,720 BTC. It later increased its holdings in January 2025 to 11,509 BTC, a level it has maintained since
