Tesla Did Not Increase Bitcoin Holdings in Q1, Records $173 Million Asset Loss

Odaily News Tesla disclosed that it did not adjust its Bitcoin holdings in the first quarter of 2026, maintaining a position of 11,509 BTC, valued at approximately $880 million at current prices.

Due to the decline in Bitcoin's price from around $90,000 to $68,000, the company recorded an after-tax fair value loss of approximately $173 million on its digital assets.

Despite this, Tesla's overall financial results were mixed, with profits exceeding expectations but revenue slightly missing market forecasts, driving its stock price up about 4% in after-hours trading.