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 $76,707.42. Despite this, the company recorded a post-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 roughly $68,000 by the end of March, contribu…
April 22, 2026, 8:36 p.m.