Tesla held its Bitcoin position steady in the first quarter of 2026, keeping its reserves at 11,509 BTC, valued at დაახლოებით $880 million at prevailing prices near $78,000.
The company, under the leadership of Elon Musk, disclosed a $173 million after-tax impairment loss tied to its digital asset holdings in its latest earnings report.
Tesla delivered a mixed quarterly performance, beating profit expectations but falling short on revenue. The automaker reported $22.39 billion in revenue, missing the $22.71 billion analyst consensus, while earnings per share came in at $0.41, above the expected $0.37.
Shares of TSLA rose around 4% in after-hours trading following the announcement.
Tesla’s Bitcoin strategy has shifted over time. The firm first entered the market in February 2021 with a $1.5 billion purchase of 43,200 BTC. It later sold roughly 4,320 BTC—about 10% of its holdings—to test liquidity conditions.
As the crypto market weakened in 2022, Tesla cut its position to 9,720 BTC. A subsequent increase in January 2025 lifted its holdings to 11,509 BTC, a level the company has maintained ever since.
