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Tesla's Bitcoin Holdings Remain Unchanged, Despite Digital Asset Loss of $173 Million
In the first quarter of 2026, Tesla, owned by Elon Musk, reported no change in its bitcoin holdings, which remained at 11,509 BTC, with each unit valued at $77,696.84. The company reported an after-tax impairment loss of $173 million on its digital assets, as disclosed in its first-quarter earnings report. This decline in value is attributed to the decrease in bitcoin's price from around $90,…
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, owned by Elon Musk, maintained its bitcoin holdings at 11,509 BTC, with each bitcoin valued at $76,680.06. The company's bitcoin stash remained unchanged, resulting in an after-tax impairment loss of $173 million on its digital assets, as per its quarterly earnings report. The decline in bitcoin's value, from around $90,000 at the start of the year to approxim…
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Despite $173 Million Loss in Digital Assets
Tesla, owned by Elon Musk, reported no changes in its bitcoin holdings during the first quarter of 2026, retaining its existing stock of 11,509 BTC. The company incurred an after-tax impairment loss of $173 million on its digital assets, as disclosed in its quarterly earnings report. This loss was largely due to the decline in bitcoin's value, which dropped from around $90,000 at the beginning of…
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Incurs $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 $78,231.28. Despite this, the company recorded a post-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 beginning of the year to approximately $68,000 by…
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, Despite $173 Million Loss
Tesla, led by Elon Musk, has reported no change in its bitcoin holdings for the first quarter of 2026, maintaining its existing stockpile of 11,509 BTC, which is now worth around $880 million at the current bitcoin price of roughly $78,000. The company incurred an after-tax loss of $173 million on its digital assets, as per its quarterly earnings report. The decline in the value of its bitcoi…
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 change in its bitcoin holdings during the first quarter of 2026, maintaining its existing stockpile of 11,509 BTC. 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 value was due to the decrease in bitcoin's price from around $90,000 at the start of the year to…
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, Elon Musk's Tesla maintained its bitcoin holdings at 11,509 BTC, with each bitcoin valued at $77,734.26. However, the company incurred an after-tax impairment loss of $173 million on its digital assets. 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 this loss. Tesla's earnings report…
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, owned by Elon Musk, maintained its bitcoin holdings of 11,509 BTC, valued at $78,022.93. The company reported an after-tax impairment loss of $173 million on its digital assets in its quarterly 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. Despite reporting better…
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, which remained at 11,509 BTC, with each bitcoin valued at $77,570.88. The company incurred an after-tax impairment loss of $173 million on its digital assets, as disclosed in its quarterly earnings report. This loss was largely attributed to the decline in bitcoin's value, which dropped from around…
April 22, 2026, 8:36 p.m.