When Tesla bought Bitcoin, it sent a clear signal. Large companies were paying attention to cryptography. It’s been watched by both fans and skeptics ever since. Today, I’m curious to see how much Bitcoin owns Tesla and what it means for the company’s revenue.
If you are tracking the movement of a company’s Bitcoin, this is not trivia. Knowing Tesla’s latest holdings can help you understand how business and crypto trends fit.
At first glance, Tesla’s Bitcoin Stash reportedly sits at over 11,500 BTC. At current prices, they deserve a mass of serious changes as prices change. Let’s take a closer look at Tesla’s relationship with Bitcoin.
Important highlights:
- As of May 2025, Tesla has approximately 11,509 BTC, worth up to $1.2 billion based on current prices.
- The company first bought $1.5 billion in Bitcoin in 2021, then sold 75% in 2022 to improve its liquidity.
- Tesla has not added BTC since 2022, but continues to hold the remaining stack as a strategic reserve.
- With a recent change in FASB accounting rules, Tesla now shows both losses and losses from BTC in its quarterly revenue.
- Tesla’s Bitcoin position is ranked among the top public companies, second only to giants like Strategy (previously Micro Strategy) and BlackRock.
Tesla’s history with Bitcoin: Major purchases and sales
Tesla (TSLA) is one of the few public companies that have made a big swing in crypto. If you’ve ever wondered what Tesla buys, sells, and potentially shop, you’re not alone.
Let’s take a look at the actual movements behind Tesla’s Bitcoin Holdings and how it has unfolded so far.
First $1.5 billion Bitcoin Investment
In February 2021, Tesla surprised the world of both Wall Street and the cryptography. This was not a casual investment. Tesla made public the bets through regulatory submissions, and soon Bitcoin prices jumped to an all-time high.
Tesla had some strategic reasons behind this bold play.
- Diversification of cash: Instead of sitting on a pile of cash, Tesla saw Bitcoin as a valuable storage, like digital gold.
- Earnings: With low interest rates, Bitcoin’s potential growth looked attractive.
- Crypto-friendly brand: The collaboration with Bitcoin helped Tesla cement its image as a technology disruptor, appealing to crypto fans and investors alike.
The purchase caused a headline rush and encouraged other companies to consider Bitcoin. You can also buy Bitcoin and Tesla for a while.
Tesla’s Bitcoin Liquidation in 2022: Motivation and Impact
Fast forward to the second quarter of 2022. The market was rough and liquidity was the king.
In July, Tesla announced that it sold about 75% of its Bitcoin stack and sold about $936 million. The move reduced exposure to the code and raised questions. Why is Tesla cashing out now?
Tesla CEO Elon Musk said the company needs cash. Uncertainty in the Chinese automotive market and concerns about future growth played a role. Tesla’s timing was practical and not emotional.
This is what stood out:
- Lower risk: By selling, Tesla was able to protect itself from the sudden drop in Bitcoin prices.
- Minimum market impact: Surprisingly, after the news broke, Bitcoin prices hardly grew.
- Mixed reaction: Some praised Tesla’s risk management. Others saw it as a long-term lack of faith in Bitcoin’s future.
Re-accumulation and adjustment after liquidization
After offloading most of the Bitcoin, did Tesla make another stacking move? Reports and quarterly submissions from late 2022 suggest that Tesla will be kept in a smaller stash, exceeding 10,000 BTC in total through most of 2023 and 2024.
Here’s what we know:
- No large purchases reported: So far, there has been no public disclosure that Tesla has scooped up more Bitcoin. The company has not made any other purchases as it did in 2021.
- Holds the cushion: The remaining Bitcoin will act as a “digital reserve,” but it does not control Tesla’s balance sheet.
- I’m looking at the market: Tesla’s appeal for buying and selling Bitcoin appears to be driven by financial reporting needs instead of big market bets.
- Revenue updates: Each quarter report provides fresh clues. If you want to go ahead of Tesla’s next move, it’s important to keep tabs of official numbers.
How much Bitcoin does Tesla currently own?
This is the current situation, how these holdings are smashed into finances and Tesla is piling up against other crypto-oriented companies.
Latest Numbers: Tesla’s current BTC holdings in 2025
As of May 2025, Tesla has approximately 11,509 BTC. This is the number reported in the latest quarter and has not been extended in a few months. There are no new purchases or sales. They cling to the gun and hug.
So let’s talk about the value of the dollar. Bitcoin prices were on the wild last year (although Bitcoin prices are rarely not wild).
As of early June 2025, one Bitcoin is trading around. At the high end, Tesla’s BTC is worth it Approximately $1.2 billion. Just 12 months ago, this stash was worth much less, but the recent surge has made it a bigger part of Tesla’s financial pie.
How big is it in the context? Let’s take a quick look at the numbers.
- BTC HOLD: 11,509
- Current BTC price: ~$104,000-111,000
- Tesla’s BTC rating: ~$1.2 billion
How about the competition? Tesla’s holdings are huge, but not the biggest on Wall Street. Still, it ranks comfortably among top Bitcoin owners around the world. Only giants like Strategy (formerly MicroStrategy) and one or two others may have a larger direct Bitcoin stockpile.
For Tesla, this is more than just a hobby. The company’s Bitcoin position has been a hot topic on all revenue calls, with analysts and investors looking into SEC filing to see if anything has changed.
Financial and strategic impact on Tesla’s balance sheet
Holding over $1 billion in Bitcoin is a serious flex, but it also brings a headache for accounting. And sometimes, they change numbers dramatically.
First, there is Revenue Volatility. Bitcoin prices change rapidly, and it appears in Tesla’s quarterly report. When BTC prices rise, Tesla wins a big “from market to market.” As prices drop, these unrealized losses can extract the company’s net profit.
This isn’t just about paper. Wall Street responds to those numbers.
The recent changes to account have made things a little easier. Financial Accounting Standards Committee (FASB)as it is the US main rule setter for corporate accounting, we have updated our guidance on how companies report digital assets like Bitcoin.
Before the new rules, businesses were required to report only impairment losses if the price of Bitcoin fell below the purchase price. No profit was made until BTC was actually sold. This meant that Tesla would look bad on paper, even if their holdings bounced back value.
Now, under the latest FASB guidance, companies can reflect both Profits and Losses Each reporting period. This means Tesla’s quarterly revenue will move up and down along with Bitcoin’s price. It gives investors a true picture of its impact.
For Tesla, this has three major effects:
- Quarterly swing: Depending on the Bitcoin price for each quarter, expect a big jump in reported revenue (both up and down).
- More Transparency: Investors are now seeing not only the “lowest point” value, but also the true current value of Tesla’s digital assets.
- Surprising benefits possibilities: In bull markets, Tesla can book Windfall profits at BTC Holdings, even if the coins are not on sale.
So, does this all put Tesla at risk? A kind of thing. Bitcoin volatility runs straight through the company’s finances. But for the company run by Elon Musk, a bit of excitement appears to come with the territory.
Compare Tesla’s Bitcoin Holdings with other public companies
Tesla is not the only big name stacking up bitcoin, but their approach is unique. They treat BTC as both a financial asset and a message to the world. Digital assets are located next to cash and gold.
Here’s how Tesla matches other public companies:
- Black Rock (blk): Among the largest asset managers, BlackRock owns approximately 664,950 BTC as of May 2025. They are competing with other big crypto names to see who owns Bitcoin such as Binance and Coinbase.
- strategy (MSTR): An undisputed king of code defense. As of 2025, the company is leading by dropping the jaws 580,250 BTC. They keep adding to the mountains and are not shy about it.
- Mining Company (Riot, Hut 8): Some mining and crypto-centric companies have tens of thousands of Bitcoin on hand, primarily operating reserves. However, among traditional “blue chip” companies, Tesla is at the top of the list.
Tesla’s position in Bitcoin is large, bold and still rare. While only a handful of public companies have big bets on encryption, their ongoing “HODL” strategy means that Bitcoin price movements will continue to ripple through Tesla’s financial reporting.
Elon Musk’s influence and code advocacy
Elon Musk is the headline generator. His tweets have the power to move the market, and its impact is deeply spreading in Tesla’s crypto approach.
Mask’s general support for digital currencies began with Bitcoin, but there is no end there. He kept his love for Dogecoin a secret. They call it “people code” and joke about sending it to the moon.
Rumors about Elon Musk XRP investments have spread in the past, but these were quickly exposed, including the viral talk in April 2025. Both the official movements and filing are just internet chatter.
For Tesla, support for Musk’s code is a big deal. Every time he speaks (or even posts emojis about cryptography) it can have an impact on how a company is viewed, especially with younger investors and tech enthusiasts.
Outlook: Will Tesla buy more bitcoin or diversify?
When investors look at Tesla’s crypto strategy, big questions remain. Is the company preparing to buy more Bitcoin or is it focusing on other digital assets?
There are differences of opinions from market analysts and Tesla Watchers. This is what you’re playing:
- Possible BTC accumulation: Some experts believe Tesla can add more Bitcoin if the price is pulled back or if the macro criteria are lined up. Holding a big Bitcoin stash gives Tesla flexibility and hedge against Fiat inflation.
- Diversification into other coins: Musk’s open love for Dogecoin and the electric car company’s experiment with Doge suggest that diversification is not a problem. However, as seen from the XRP rumors, the real moves must be public and on record.
- Risk Management: Some speculate that due to the wild price fluctuations of Bitcoin, Tesla could spread risk by retaining top cryptocurrency combinations and exploring new blockchain-based assets that have less impact on the environment.
Conclusion
Tesla’s Bitcoin position remains relevant, with over 11,500 BTC held. It’s not the best of the big players, but it’s also not insignificant.
You have an advantage by monitoring Tesla and Elon Musk’s movements. Not just about market headlines, but about what can shape the future of both the company’s finances and digital currency.
You may wonder what Tesla CEO has other assets. To learn more, check out our article breaking down Elon Musk’s stock portfolio.
