Tesla’s Bitcoin Holdings Hit $1.2B After Q2 Rally and Accounting Rule Change
Flash
July 24, 2025 1:22 PM
In Brief:
Tesla’s 11,509 BTC stash surged in value after Bitcoin’s 30% rally in Q2.
New U.S. accounting rules now allow fair market valuation for crypto assets.
Tesla’s Bitcoin holdings are now worth $1.2 billion, according to its latest earnings report, following Bitcoin’s 30% price rally in Q2 2025. With 11,509 BTC on its balance sheet, Tesla ranks as the 10th largest public company holding the asset.
The boost also reflects new U.S. accounting rules approved by the Financial Accounting Standards Board (FASB), which let firms report fair market value for digital assets each quarter — a change that benefits Tesla. Previously, companies could only report the lowest value held during the period, often underreporting gains.
Tesla’s Q2 revenue hit $22.5 billion, slightly beating estimates, with earnings per share matching expectations at $0.40. TSLA shares rose 0.71% in post-market trading, now at $331.56.
Disclaimer: Backdoor provides informational content only, it is not offered or intended to be used as legal, tax, investment, financial, or other advice. Investments in digital assets involve risk, and past performance does not guarantee future results. We recommend conducting your own research before making any investment decisions.
What's more
.png){kind=small}
© Backdoor 2024