Tesla Q3 Bitcoin Profit Tops $80M Under New Accounting Rules
Tesla reported an $80 million Tesla Bitcoin profit in Q3 2025 thanks to a rally in Bitcoin prices and a stable holding of 11,509 BTC. Under FASB’s new mark-to-market accounting rule, Tesla revalues crypto assets each quarter and recognized this unrealized gain on its income statement without selling any coins. Q3 revenue reached $28.1 billion, with adjusted EBITDA of $4.3 billion, while EPS of $0.50 missed estimates as rising costs and reduced regulatory credit income pressured margins. Although the Tesla Bitcoin profit is modest relative to overall earnings, it highlights crypto’s growing role in corporate treasuries and introduces potential volatility in reported profits. For traders, future Bitcoin price swings could lead to more pronounced changes in Tesla’s quarterly results and stock performance.
Neutral
While Tesla’s realization of an $80 million Bitcoin profit under new mark-to-market accounting highlights growing institutional crypto adoption, it did not involve additional BTC purchases. The holding remains at 11,509 BTC, so there’s no incremental buying pressure on Bitcoin. The accounting change may introduce more volatility in quarterly earnings tied to Bitcoin price swings, influencing Tesla’s stock but not directly altering Bitcoin supply or demand. Therefore, the immediate market impact on Bitcoin’s price is likely neutral, though continued corporate adoption trends could lend modest long-term support.