Tesla’s Bitcoin Position Swells to $1.2B as New Accounting Rule Kicks In
Tesla’s bitcoin holdings surged in value to approximately $1.2 billion in Q2 2025, boosted by a 30% BTC price rally and the adoption of updated U.S. accounting standards that allow digital assets to be marked to market.
The EV giant currently holds 11,509 BTC, placing it among the top ten publicly listed bitcoin holders, according to BitcoinTreasuries.net. Bitcoin’s climb from $83,000 in early April to around $118,000 provided a major tailwind for Tesla’s balance sheet.
This marks one of the first quarters impacted by the Financial Accounting Standards Board’s (FASB) new guidance, which now permits companies to reflect the fair market value of crypto assets on a quarterly basis. Under prior rules, firms could only record the lowest price of their holdings, even if values rebounded later — masking unrealized gains from shareholders.
With the change in place, Tesla can now recognize the upside from bitcoin’s strong performance, offering a more transparent look into its digital asset exposure.
Meanwhile, the company posted $22.5 billion in revenue for the quarter, slightly ahead of Wall Street expectations, with earnings per share holding at $0.40, in line with forecasts.
Tesla shares edged up 0.71% in post-market trading to $331.56.
