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Tesla's Bitcoin Holdings Remain Steady, While Digital Asset Losses Reach $173 Million
Tesla, led by Elon Musk, reported no changes in its bitcoin holdings, which remained at 11,509 BTC, during the first quarter of 2026. The company recorded 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 around $90,000 at the beginning …
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, has reported no changes in its bitcoin holdings for the first quarter of 2026, retaining its existing stock of 11,509 BTC. According to the company's quarterly earnings report, Tesla incurred an after-tax loss of $173 million on its digital assets. This decline in value is attributed to the drop in bitcoin's price, from around $90,000 at the beginning of the year to a…
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 stash of 11,509 BTC. The company recorded an after-tax impairment loss of $173 million on its digital assets, as per its Q1 earnings report. The decline in the value of its bitcoin holdings was attributed to the drop in bitcoin's price from around $90,000 at the start of the year …
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 $78,284.45. The company's digital asset holdings resulted in an after-tax impairment loss of $173 million, as reported in its quarterly earnings statement. The decline in the value of its bitcoin stash was attributed to the drop in bitcoin's price from around $90,000 at the s…
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, reported no changes in its bitcoin holdings, which remain at 11,509 BTC, currently priced at $78,057.01. The company reported an after-tax loss of $173 million on its digital assets, as stated in its first-quarter earnings report. The decline in the value of its bitcoin holdings was caused by the drop 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 on Digital Assets
Tesla, led by Elon Musk, reported no change in its bitcoin holdings in the first quarter of 2026, retaining its existing stockpile of 11,509 BTC, valued at approximately $77,596.39 per coin. The company incurred an after-tax impairment loss of $173 million on its digital assets, as disclosed in its quarterly earnings report. This decline in value was largely attributed to the drop in bitcoin's pr…
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 $78,368.22. The company's digital asset holdings resulted in an after-tax impairment loss of $173 million, as stated in its quarterly earnings report. The decline in the value of its bitcoin stash was due to the drop in bitcoin's price from approximately $90,000 at t…
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 change in its bitcoin holdings, which remain at 11,509 BTC, with each bitcoin valued at $77,571.54. The company incurred an after-tax impairment loss of $173 million on its digital assets, as stated in its quarterly earnings report. The decline in the value of its bitcoin stash was attributed to the drop in bitcoin's price from ar…
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Despite $173 Million Loss
In the first quarter of 2026, Tesla's bitcoin holdings remained unchanged, with the company retaining its existing stock of 11,509 BTC, valued at around $77,382.18 per bitcoin. The company reported an after-tax impairment loss of $173 million related to its digital assets in its quarterly earnings report. The decline in the value of its bitcoin holdings resulted from the cryptocurrency's pric…
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 per its Q1 earnings report. The decline in bitcoin's value, from around $90,000 at the start of the year to about $68,000 by the end of March, contributed to …
April 22, 2026, 8:36 p.m.