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Tesla holds bitcoin treasury steady, reports $112M impairment loss

CoinDesk 2026-07-22 20:40:24
Context: Tesla, the electric vehicle manufacturer, reported its earnings for the second quarter, during which it maintained its Bitcoin holdings steady. The company's Bitcoin treasury remained at 11,509 BTC despite a 14% decline in the value of Bitcoin during the quarter. This decision was part of Tesla's larger financial performance, which included mixed earnings results.

Key Facts

  • Tesla's Bitcoin treasury remained unchanged at 11,509 BTC through the second quarter of the year, as the company chose not to buy or sell any additional Bitcoin.
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