Tesla’s crypto holdings surpass $915M

Tesla continues to maintain a significant cryptocurrency portfolio despite a decline in profits in the first quarter of 2025. According to the latest financial report, the value of the automaker’s digital assets stood at $951 million — nearly 5% of the company’s total free cash.

BTC as a Strategic Asset

Tesla first invested in Bitcoin in 2021, purchasing $1.5 billion worth of the cryptocurrency. Despite selling 75% of its holdings in 2022, the company remains one of the largest public holders of BTC. It currently holds 11,509 BTC, and no purchase or sale activity has been recorded since the beginning of 2025.

Analysts at Arkham Intelligence estimate the market value of Tesla’s BTC holdings at over $1 billion. The difference stems from new FASB standards requiring companies to revalue their digital assets at current market prices for each reporting period. This increases transparency, but also adds volatility to financial statements.

Digital Assets as Part of the Strategy

Despite revenue falling to $19.34 billion in Q1 (below the expected $21.37 billion), Tesla shares rose more than 2% in after-hours trading — likely indicating investor support for the company’s crypto strategy.

As of now, Tesla’s crypto reserves represent about 5% of its $19.4 billion in free cash. This suggests a balanced approach to participating in the crypto market — without exposing the company’s core operations to significant risk.