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Tesla keeps Bitcoin stake intact through Q2, books $112M unrealized loss

Chemung Financial appoints Dale McKim as CFO, treasurer
Tesla keeps Bitcoin stake intact through Q2, books $112M unrealized loss

Tesla reported in its Q2 2026 earnings report that its Bitcoin holdings remained unchanged during the quarter and recorded an unrealized loss of $112M. The EV maker held its entire position of 11,509 bitcoins, valued at $674M at the end of Q2, down from $786M at the end of Q1. Bitcoin (BTC-USD) fell 14% during Q2, ending the quarter at $58,553.00. ...

  • Tesla reported in its Q2 2026 earnings report that its Bitcoin holdings remained unchanged during the quarter and recorded an unrealized loss of $112M.
  • The EV maker held its entire position of 11,509 bitcoins, valued at $674M at the end of Q2, down from $786M at the end of Q1.
  • Bitcoin (BTC-USD) fell 14% during Q2, ending the quarter at $58,553.00.
  • Tesla first invested in Bitcoin in January 2021, officially disclosing a $1.5B purchase in a regulatory filing on February 8, 2021. The electric vehicle maker acquired roughly $1.5B worth of the cryptocurrency, which equated to about 43,200 BTC. The automotive giant subsequently sold off approximately 75% of its Bitcoin holdings in mid-2022 to raise liquidity during a turbulent market period. They have since maintained a smaller, steady treasury balance of around 11,509 BTC.
  • Press Release
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