Tesla Maintains Bitcoin Holdings Worth $895 Million

Electric vehicle maker Tesla (NASDAQ: $TSLA) maintained its Bitcoin (CRYPTO: $BTC) holdings during this year’s first quarter despite the price sliding significantly lower. 

At the end of March, Tesla continued to own 11,509 BTC worth $895 million U.S. based on the current price of $77,721 U.S. per digital token. 

The Bitcoin holdings were revealed as part of Tesla’s first-quarter financial results. 

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The company reported that it booked an after-tax impairment loss of $173 million U.S. on its cryptocurrency holdings during the year’s first three months. 

That loss was due to Bitcoin’s price falling from $90,000 U.S. at the start of the year to roughly $68,000 U.S. by March 31.

Tesla initially bought Bitcoin in February 2021, acquiring 43,200 BTC for roughly $1.5 billion U.S. 

Multiple sales over the years brought that holding down to 11,509 BTC in January 2025, where it has remained ever since.

Tesla reported mixed Q1 financial results, beating Wall Street’s expectation on earnings but missing targets on revenue. 

TSLA stock has declined 12% this year to trade at $387.51 U.S. per share.