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, below the estimated $22.71 billion. Earnings per share were $0.41, surpassing the forecast of $0.37. Following the report, TSLA stock rose 4% in after-hours trading. Tesla first invested in bitcoin in February 2021, purchasing 43,200 BTC for $1.5 billion. After selling 10% of its holdings, the company reduced its position to 9,720 BTC by July 2022. In January 2025, Tesla increased its holdings to 11,509 BTC, where they have remained.