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Tesla's Bitcoin Holdings Remain Steady, Reports $173 Million Loss on Digital Assets
In the first quarter of 2026, Elon Musk's Tesla maintained its existing bitcoin holdings of 11,509 BTC, with a current value of around $880 million. The company's latest earnings report revealed an after-tax impairment loss of $173 million on its digital assets. This decline in value stems from the decrease in bitcoin's price, which dropped from around $90,000 at the beginning of the year to roug…
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Despite $173 Million Loss in Digital Assets
Tesla, led by Elon Musk, reported no changes in its bitcoin holdings in the first quarter of 2026, maintaining its existing stash of 11,509 BTC. The company recorded an after-tax impairment loss of $173 million on its digital assets, as indicated in its Q1 earnings report. The decline in the value of its bitcoin holdings was largely attributed to the drop in bitcoin's price from $90,000 at the st…
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Despite $173 Million Loss in Digital Assets
In the first quarter of 2026, Tesla, led by Elon Musk, maintained its bitcoin holdings at 11,509 BTC, with each unit valued at $77,225.74. However, the company incurred an after-tax impairment loss of $173 million on its digital assets, as disclosed in its quarterly earnings report. The decline in bitcoin's value, from roughly $90,000 at the start of the year to approximately $68,000 by the end o…
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Despite $173 Million Loss in Digital Assets
In the first quarter of 2026, Tesla, led by Elon Musk, reported no changes in its bitcoin holdings, maintaining its existing stockpile of 11,509 BTC, with each bitcoin valued at $77,946.33. The company incurred an after-tax loss of $173 million on its digital assets, as stated in its quarterly earnings report. This loss was attributed to the decline in bitcoin's value, which dropped from $90,000 …
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Despite $173 Million Digital Asset Loss
Tesla, led by Elon Musk, has reported no change in its bitcoin holdings, which remain at 11,509 BTC, valued at around $77,328.05 per coin. The company has taken an after-tax impairment loss of $173 million on its digital assets, according to its Q1 2026 earnings report. The decline in bitcoin's value, from $90,000 at the start of the year to $68,000 by the end of March, contributed to the loss. D…
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Incurs $173 Million Loss on Digital Assets
Tesla, led by Elon Musk, reported no change in its bitcoin holdings during the first quarter of 2026, maintaining its stockpile of 11,509 BTC, with each unit valued at $77,684.55. The company recorded a post-tax impairment loss of $173 million on its digital assets, as per its Q1 earnings report. The value of its bitcoin stash decreased due to the cryptocurrency's decline from around $90,000 at t…
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Records $173 Million Loss on Digital Assets
In the first quarter of 2026, Tesla, led by Elon Musk, maintained its bitcoin holdings at 11,509 BTC, with each bitcoin valued at $76,882.32. Despite this, the company incurred an after-tax impairment loss of $173 million on its digital assets, as disclosed in its quarterly earnings report. The decline in the value of its bitcoin stash was attributed to the drop in bitcoin's price from $90,000 at…
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Despite $173 Million Loss in Digital Assets
Tesla, led by Elon Musk, maintained its bitcoin holdings at 11,509 BTC, worth $77,808.74, during the first quarter of 2026. The company's digital asset holdings resulted in an after-tax impairment loss of $173 million, as reported in its quarterly earnings. The decline in bitcoin's value, from around $90,000 at the start of the year to roughly $68,000 by the end of March, contributed to the loss.…
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Despite $173 Million Loss in Digital Assets
In the first quarter of 2026, Tesla, led by Elon Musk, maintained its bitcoin holdings at 11,509 BTC, valued at $78,037.57. The company's bitcoin stash remained unchanged, but it recorded a post-tax impairment loss of $173 million on its digital assets, according to its quarterly earnings report. The decline in the value of its bitcoin holdings resulted from the cryptocurrency's price drop from a…
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Despite $173 Million Loss in Digital Assets
Tesla, led by Elon Musk, maintained its bitcoin holdings at 11,509 BTC in the first quarter of 2026, with no changes to its digital asset portfolio. The company incurred an after-tax impairment loss of $173 million on its digital assets, as disclosed in its Q1 earnings report. The decline in bitcoin's value, from roughly $90,000 at the start of the year to around $68,000 by the end of March, cont…
April 22, 2026, 8:36 p.m.