icon
icon
icon
icon
$300 Off
$300 Off

News /

Articles /

Tesla's Bitcoin Holdings Drop 12% to $951M, Revenue Misses Expectations

Coin WorldTuesday, Apr 22, 2025 5:36 pm ET
1min read

Tesla, the renowned electric vehicle manufacturer, has disclosed that it still holds a significant amount of bitcoin in its portfolio, valued at approximately $951 million as of March 31. This figure represents a decrease from the $1.076 billion reported on December 30. According to Bitcoin Treasuries data, tesla currently possesses 11,509 bitcoin. The reduction in the value of Tesla's bitcoin holdings is primarily attributed to the depreciation in bitcoin's price between the two quarters. Arkham Intelligence data indicates that Tesla did not engage in any bitcoin transactions during the last three months, suggesting that the change in value is solely due to market fluctuations.

Under a new rule from the Financial Accounting Standards Board (FASB), corporate holders of digital assets are now required to mark these assets to market each quarter. This means that the value of Tesla's bitcoin holdings will be adjusted to reflect the current market price, providing a more accurate representation of the company's financial position.

In addition to its bitcoin holdings, Tesla reported $19.34 billion in revenue for the first quarter of the year, falling short of analysts' expectations of $21.37 billion. This shortfall in revenue highlights the challenges faced by the company in meeting market expectations, despite its strong position in the electric vehicle market.

Tesla's decision to hold a significant amount of bitcoin in its portfolio has been a subject of debate among investors and analysts. While some view it as a forward-thinking move that aligns with the company's innovative image, others are concerned about the volatility and regulatory risks associated with cryptocurrencies. Tesla's bitcoin holdings have the potential to impact the company's financial performance, as fluctuations in the value of bitcoin can lead to gains or losses that affect the company's bottom line.

Despite the challenges faced by Tesla in the first quarter, the company remains a leader in the electric vehicle market and continues to invest in new technologies and innovations. Tesla's bitcoin holdings, while a source of uncertainty, also represent a potential opportunity for the company to capitalize on the growing interest in cryptocurrencies and blockchain technology. As the market for digital assets continues to evolve, Tesla's approach to bitcoin and other cryptocurrencies will be closely watched by investors and industry observers alike.

Comments

Add a public comment...
Post
User avatar and name identifying the post author
amanoraim
04/22
$TSLA's bitcoin dip just means buy low, right? My long-term strategy stays unchanged.
0
Reply
User avatar and name identifying the post author
SHIT_ON_MY_BALLS
04/22
FASB new rule, transparency win for digital assets.
0
Reply
User avatar and name identifying the post author
SpirituallyAwareDev
04/22
HODLing some BTC, $TSLA showing crypto love 💰
0
Reply
User avatar and name identifying the post author
ttforum
04/22
Tesla's bitcoin dip, just a market fluctuation bro.
0
Reply
User avatar and name identifying the post author
smarglebloppitydo
04/22
Crypto risks? Tesla betting on tech future.
0
Reply
User avatar and name identifying the post author
that_is_curious
04/22
Tesla's bitcoin dip mirrors market jitters. Holding crypto's a gamble, but $TSLA's still riding the electric wave 🚀
0
Reply
User avatar and name identifying the post author
angelicamendas29
04/23
@that_is_curious What’s your take on crypto volatility?
0
Reply
User avatar and name identifying the post author
Arturs727
04/23
@that_is_curious True, crypto's wild.
0
Reply
User avatar and name identifying the post author
Ok-Memory2809
04/22
Revenue miss, but EV game still strong. 🚀
0
Reply
User avatar and name identifying the post author
Snorkx
04/22
New FASB rule = more accurate books. Tesla's bitcoin bet: risky but potentially rewarding. 🚀
0
Reply
User avatar and name identifying the post author
FlowLongjumping8948
04/22
@Snorkx FASB rule = good. Tesla's bitcoin = risky.
0
Reply
User avatar and name identifying the post author
maki23
04/22
@Snorkx More accurate books, sure. But Tesla's crypto play is wild. 🤔
0
Reply
User avatar and name identifying the post author
OG_Time_To_Kill
04/22
Damn!!I successfully capitalized on the BTC stock's bearish trend, generating $420!
0
Reply
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App