Tesla's Q2 Bitcoin Holdings Value Surges by 30%, Now Worth $1.2 Billion

By: theblockbeats.news|2025/07/24 07:42:24
0
Share
copy

BlockBeats News, July 24th, according to the latest financial report, Tesla's held Bitcoin saw a 30% price increase in the second quarter of this year, with a current market value of approximately $1.2 billion. This part of the gain benefited from the latest changes in U.S. accounting standards—a new rule favorable to Tesla.


According to BitcoinTreasuries.Net data, Tesla currently holds 11,509 bitcoins, ranking tenth among public companies globally holding cryptocurrency assets. The current Bitcoin price is around $118,000, a significant increase from $83,000 on April 1st.


Previously, the Financial Accounting Standards Board (FASB) approved a new rule allowing companies to report their cryptocurrency holdings at fair market value every quarter starting from the first quarter of 2025. This change replaced the previous conservative approach of "held at the lowest value." Previously, even if Bitcoin surged in value during the holding period, the company could not reflect the gains on the balance sheet.


Now, Tesla's Bitcoin appreciation can be reflected quarterly, providing shareholders with a clearer view of asset performance. The financial report also indicates that Tesla's revenue this quarter was $22.5 billion, exceeding analysts' expectations of $22.3 billion; earnings per share were $0.40, in line with market expectations.

-- Price

--

You may also like

Bitcoin ETF Inflows Just Turned Positive After 5 Months of Outflows: What Does That Mean for BTC Price Now?

The Hidden Risks Behind Bitcoin ETF Inflows in 2026: What Traders Should Know. The question now isn't whether inflows are happening. It's what they're telling you about the next phase and whether your portfolio is positioned for it.

Decoding 2026's Bitcoin ETF Data: How to Trade Alongside Institutional Smart Money in 2026

After months of sustained outflows, rolling 30-day net ETF inflows just crossed 30,000 BTC. That's not noise. Historically, when institutional capital rotates back in at this scale, it marks a regime shift — not just a bounce.

Auto Earn Bonus 2026: WEEX vs Binance vs Bybit vs OKX vs Kraken (Only 1 Pays Extra)

Auto Earn 2026: Binance? Bybit? No extra bonus. Only WEEX gives +0.5% + 300% APR referral. Limited-time. See exactly how much more you can earn.

Auto Earn 2026: WEEX Offers 0.5% Extra + 300% APR Bonus — More Than Binance & Bybit?

Most exchanges offer Auto Earn, but only WEEX adds an extra 0.5% bonus on balance growth + 300% APR referral rewards in 2026. Here’s how WEEX compares to Binance, Bybit, OKX, and Kraken — and why you might earn more with a simple toggle.

Seven Green Candles Meet Three White Soldiers | Rewire News Morning Brief

Last night the Fed minutes already released the "hold the line on tightening" signal, CPI is the second shoe

Gold Revisits $4800, Where Is the Top This Year?

The price ceiling of gold depends on your risk tolerance ceiling.

Popular coins

Latest Crypto News

Read more