--- title: "Elon Musk's Tesla Held on to Bitcoin Stockpile in Q2 Despite $112 Million in Paper Losses" type: "News" locale: "en" url: "https://longbridge.com/en/news/293562776.md" description: "Tesla held its Bitcoin stockpile steady in Q2 despite recording $112 million in paper losses, marking the third consecutive quarter of unrealized losses on digital assets. The company did not sell any holdings, maintaining a stash of 11,509 BTC valued at $674 million as of March 31. While Tesla beat revenue estimates with $28.24 billion, it missed earnings expectations, leading to a drop in after-hours trading." datetime: "2026-07-23T02:44:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293562776.md) - [en](https://longbridge.com/en/news/293562776.md) - [zh-HK](https://longbridge.com/zh-HK/news/293562776.md) --- # Elon Musk's Tesla Held on to Bitcoin Stockpile in Q2 Despite $112 Million in Paper Losses **Tesla Inc.** (NASDAQ:TSLA) recorded paper losses on its **Bitcoin** (CRYPTO: BTC) holdings for the third straight quarter, but did not sell any, according to its earnings release on Wednesday. ## Tesla Takes BTC Losses in Bear Market As of March 31, the EV giant held $674 million in digital assets, down 45% year-over-year and 14.24% from the previous quarter. Tesla reported $112 million in paper losses on cryptocurrency investments, marking three straight quarters of red ink. The **Elon Musk**\-led company does not publish a breakdown of its cryptocurrency holdings. Instead, all investments are grouped under the “digital assets” line item. On-chain analytics firm Arkham Intelligence reports that its stockpile consists solely of Bitcoin. Its stash of 11,509 BTC remained unchanged from the last quarter. Moreover, the 14.24% decline in the value of digital assets is consistent with Bitcoin’s decline in the second quarter. The firm once accepted Bitcoin as a payment option for its vehicles before ending the practice over concerns about energy consumption in Bitcoin mining. Tesla stood as the twelfth-largest corporate holder of Bitcoin, according to BitcoinTreasuries.net. **Strategy Inc.** (NASDAQ:MSTR) remains the biggest, sitting on a stockpile worth over $55 billion. **Read Also: QUICK SPARK: Elon Musk Turns Tesla FSD Fight in France Into a Life-Or-Death Warning** ## Revenue Beat, Earnings Miss Tesla reported second-quarter revenue of $28.24 billion, beating analyst estimates, but fell short of earnings expectations. The company said it hit $100 billion in trailing twelve-month revenue for the first time in history in the second quarter. **Price Action**: At the time of writing, BTC was exchanging hands at $65,795.39, down 0.92% over the last 24 hours, according to data from Benzinga Pro. Tesla shares fell 4.13% in after-hours trading after closing 1.30% lower at $374.01 during Wednesday’s regular trading session. Year-to-date, the stock has plunged 16.83%. Benzinga’s Edge Stock Rankings show the TSLA stock underperforming across short-, medium-, and long-term trends. **Read Also: Elon Musk Says ‘If You Value Tesla as Just an Auto Company, Fundamentally, It’s Just the Wrong Framework’ — More Like ‘A Dozen Technology Startups’** _Photo Courtesy: Ink Drop on Shutterstock.com_ ### Related Stocks - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [TSL.US](https://longbridge.com/en/quote/TSL.US.md) - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [TSLT.US](https://longbridge.com/en/quote/TSLT.US.md) - [TSDD.US](https://longbridge.com/en/quote/TSDD.US.md) - [TESL.US](https://longbridge.com/en/quote/TESL.US.md) - [TSLS.US](https://longbridge.com/en/quote/TSLS.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) - [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md) - [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [TSLZ.US](https://longbridge.com/en/quote/TSLZ.US.md) - [TSLG.US](https://longbridge.com/en/quote/TSLG.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [TSLI.US](https://longbridge.com/en/quote/TSLI.US.md) - [TSLO.US](https://longbridge.com/en/quote/TSLO.US.md) - [TSLW.US](https://longbridge.com/en/quote/TSLW.US.md) - [TSLY.US](https://longbridge.com/en/quote/TSLY.US.md) - [TSYY.US](https://longbridge.com/en/quote/TSYY.US.md) - [TYYY.US](https://longbridge.com/en/quote/TYYY.US.md) - [CRSH.US](https://longbridge.com/en/quote/CRSH.US.md) - [TSLP.US](https://longbridge.com/en/quote/TSLP.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [07766.HK](https://longbridge.com/en/quote/07766.HK.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [09366.HK](https://longbridge.com/en/quote/09366.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) - [07366.HK](https://longbridge.com/en/quote/07366.HK.md) ## Related News & Research - [Tesla Debuts Its Robotaxis in Orlando and Tampa. 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