Tesla Maintains 11,509 BTC Holdings in Q2, Reports $112M Impairment Loss

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Tesla’s Q2 financial report shows the company held 11,509 BTC, with no Bitcoin price-related trades during the quarter. A roughly 14% decline in the BTC price resulted in a $112 million after-tax impairment loss. This is the first time since 2022 that Tesla has neither bought nor sold Bitcoin. BTC’s share in Tesla’s asset strategy remains unchanged for now.

BlockBeats news: On July 23, Tesla's Q2 financial report revealed that the company did not increase or decrease its Bitcoin holdings, maintaining a position of 11,509 BTC. Due to a approximately 14% decline in Bitcoin's price during the quarter, the company recorded a post-tax impairment loss of $112 million on its digital assets.


As a result, Tesla has not bought or sold Bitcoin since 2022.

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