"Elon Musk's Tesla reported an $80 million gain on its Bitcoin holdings in the third quarter of 2025, benefiting from the crypto market's rebound without making any new trades. According to Tesla's Q3 filing released on Wednesday, the electric vehicle maker continues to hold 11,509 BTC - valued at roughly $1.31 billion as of September 30, up from $1.23 billion in Q2. The increase came entirely from Bitcoin's price appreciation, not from additional purchases or sales."
"Under new fair-value accounting rules, Tesla now reports digital assets at current market prices, allowing it to record crypto gains or losses each quarter. The company hasn't changed its position since early 2022, when it sold a small portion "to test liquidity" before classifying Bitcoin as a strategic treasury asset. Beyond crypto, Tesla's financial results showed mixed signals. Revenue rose to $25.18 billion, up from last year, but net income dropped 37% year-on-year to $1.37 billion, or $0.39 per share, as rising R&D and AI spending drove a 50% increase in operating costs."
"Back in 2021, Musk said, "I think Bitcoin is a good thing. I am a supporter of Bitcoin. I am late to the party but a supporter. I think Bitcoin is on the verge of getting broad acceptance by conventional finance people.""
Tesla realized an $80 million gain on its 11,509 BTC holdings in Q3 2025 through Bitcoin price appreciation, with no new purchases or sales. The holdings were valued at roughly $1.31 billion as of September 30, up from $1.23 billion in Q2. New fair-value accounting requires reporting digital assets at current market prices, producing quarterly crypto gains or losses. Tesla last adjusted its position in early 2022, selling a small portion "to test liquidity" before designating Bitcoin a strategic treasury asset. Q3 revenue rose to $25.18 billion while net income fell 37% to $1.37 billion amid higher R&D and AI-driven operating costs.
Read at Bitcoin Magazine
Unable to calculate read time
Collection
[
|
...
]