Q2 Tesla Bitcoin Holdings Soar to $1.2B with $284M Gain

Published: 2025-07-24 03:19:15 |

Tesla’s Bitcoin holdings soared to about $1.2 billion in Q2 after the value of its 11,509 BTC climbed from roughly $83,000 to $107,000 per coin, yielding $284 million in unrealized gains under new FASB fair-value accounting rules. The EV maker reported Q2 revenue of $22.5 billion and EPS of $0.40, meeting analyst forecasts despite a 12% year-over-year revenue drop and a 12.6% decline in vehicle deliveries. TSLA shares gained 0.7% in after-hours trading. This transparent quarterly marking of crypto assets may prompt other firms to expand their Bitcoin holdings and reshape corporate asset allocation.

Bullish

Tesla’s decision to mark its Bitcoin holdings to fair value quarterly and report significant unrealized gains enhances transparency and may drive institutional demand. The positive after-hours response and alignment with earnings forecasts suggest growing corporate confidence in crypto assets, likely supporting Bitcoin’s price in both the short and long term.