---
title: "Bitcoin selloff wipes over $220M in value from Tesla's crypto treasury"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288829696.md"
description: "Tesla's Bitcoin treasury lost over $220 million in value as BTC prices fell to $62,715, marking a 14.5% weekly decline. The company holds 11,509 BTC, valued at approximately $724 million on June 5, 2026, down from a peak of $946 million in early May. This volatility follows a reported $173 million loss on crypto holdings in Q1 2026, with broader market declines also affecting Ether and Solana."
datetime: "2026-06-05T08:25:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288829696.md)
  - [en](https://longbridge.com/en/news/288829696.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288829696.md)
---

# Bitcoin selloff wipes over $220M in value from Tesla's crypto treasury


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