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Tesla has not conducted any cryptocurrency transactions in the past three months and currently holds nearly $1 billion in bitcoin

Tesla holds nearly $1 billion in bitcoin. The Financial Accounting Standards Board now requires digital assets to be marked to market every quarter. Tesla Quarter 1 revenue was $19.34 billion, missing analysts' expectations, which had expected revenue of $21.37 billion. As of March 31, Tesla's digital asset holdings were worth $951 million, down from $1.076 billion on December 30 last year, a change due to the falling price of bitcoin. Tesla currently holds 11,509 bitcoins on its balance sheet.

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2025-04-22 22:16:20
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