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Tesla's Bitcoin Holdings Remain Steady, Incurs $173 Million Loss on Digital Assets
Tesla, led by Elon Musk, maintained its bitcoin holdings at 11,509 BTC, worth $75,475.23, during the first quarter of 2026, as reported in its quarterly earnings statement. The company recorded a post-tax impairment loss of $173 million on its digital asset holdings. The valuation of its bitcoin stash decreased as the cryptocurrency's price dropped 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, Tesla, led by Elon Musk, maintained its bitcoin holdings at 11,509 BTC, valued at $78,273.06. The company reported an after-tax loss of $173 million on its digital assets. This decline occurred as bitcoin prices dropped from around $90,000 to roughly $68,000 by the end of March. Tesla's earnings exceeded expectations, although revenue fell short at $22.39 billion, be…
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 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, but Digital Asset Losses Reach $173 Million
Tesla, led by Elon Musk, reported no change in its bitcoin holdings in the first quarter of 2026, maintaining its stockpile of 11,509 BTC. The company recorded an after-tax impairment loss of $173 million on its digital assets, as disclosed in its first-quarter earnings report. The decline in the value of its bitcoin holdings is attributed to the decrease in bitcoin's price from around $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
Tesla, led by Elon Musk, reported no change in its bitcoin holdings in the first quarter of 2026, maintaining its stockpile of 11,509 BTC, valued at $77,874.88. The company incurred an after-tax impairment loss of $173 million on its digital assets, according to its Q1 earnings report. The value of its bitcoin stash decreased as the cryptocurrency's price dropped from around $90,000 at the start …
April 22, 2026, 8:36 p.m.
Markets
Tesla's Bitcoin Holdings Remain Steady, Despite $173 Million Digital Asset Loss
In the first quarter of 2026, Tesla, led by Elon Musk, reported no change in its bitcoin holdings, maintaining a stockpile of 11,509 BTC, with each bitcoin valued at $77,963.52. 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 fro…
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 coin valued at $75,808.64. Although the company's bitcoin stash remained unchanged, it incurred an after-tax impairment loss of $173 million on its digital assets, as reported in its quarterly earnings statement. The decline in value can be attributed to the drop in bitcoin's price fr…
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.