Tesla holds bitcoin steady, reports $112M impairment lossSearch/NewsVideoPricesResearchEventsData &
IndicesMoreSponsoredSearch/enSign InSign UpMarketsTesla holds bitcoin treasury steady, reports $112M impairment lossThe
electric vehicle maker maintained its 11,509 BTC treasury through the second quarter as bitcoin declined 14%, alongside
mixed earnings that beat revenue expectations but missed on profit.Автор Helene Braun|Відредаговано
Cheyenne Ligon 22 лип. 2026 р., 8:40 пп Перекладено AI2 min readMake preferred on
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(Twitter)LinkedInFacebookЕлектронна поштаMake preferred on Tesla logo (Unsplash)SummaryShowTesla held its
bitcoin treasury unchanged at 11,509 BTC, extending a nearly four-year streak without buying or selling the
cryptocurrency, with an after-tax impairment loss of $112 million on its digital asset holdings.Bitcoin dropped 14%
during the second quarter, from about $83,000 to $58,000, before rebounding to around $65,840.Tesla reported mixed
second-quarter results, with revenue beating estimates at $28.2 billion while adjusted EPS missed expectations at
$0.33.Tesla (TSLA) held its bitcoin BTC$65 066,61 holdings unchanged during the second quarter, maintaining its
treasury of 11,509 BTC as the cryptocurrency’s price declined 14% over the three-month period.The electric vehicle
maker reported an after-tax impairment loss of $112 million on its digital asset holdings, according to its latest
earnings release. Tesla has neither bought nor sold any bitcoin since 2022.Bitcoin fell from about $83,000 at the start
of the second quarter to roughly $58,000 by the end of June amid broader macroeconomic uncertainty and volatility across
risk assets. The cryptocurrency was recently trading at $65,840.Tesla remains one of the largest publicly traded
corporate holders of bitcoin, though its holdings are significantly smaller than those of firms such as Strategy (MSTR),
which has continued to aggressively accumulate the cryptocurrency.The company's crypto update came alongside mixed
second-quarter financial results. Tesla reported non-GAAP earnings per share of $0.33, missing analyst expectations of
$0.55. Revenue came in at $28.2 billion, topping consensus estimates of $27.6 billion.Gross margin was 16.8%, while GAAP
net income totaled $1.11 billion. The company also reported negative free cash flow of $1.1 billion for the
quarter.Under current accounting rules, companies holding digital assets must recognize declines in the value of their
holdings through earnings. While bitcoin has recovered from its late-June lows and was recently trading at $65,840, the
impairment reflects the value of Tesla's holdings during the reporting period.Tesla's bitcoin position has
remained largely unchanged for nearly four years. The company initially purchased $1.5 billion worth of bitcoin in early
2021 and briefly accepted the cryptocurrency as payment for its vehicles before suspending the option over environmental
concerns. It sold roughly 75% of its holdings in 2022 but has maintained its remaining 11,509 BTC since then.Elon
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