Tesla's bitcoin holdings worth nearly $2bn: filing

E-Paper | June 16, 2026

Tesla Inc said on Monday the fair market value of the electric-vehicle maker's bitcoin holdings as of December 31 was $1.99 billion.

In its annual filing with the US Securities and Exchange Commission, Tesla, which had invested $1.50bn in bitcoin last year, said it registered about $101 million in impairment losses last year due to the value of bitcoin.

A drop in the value of bitcoin resulted in the company recording losses, as the value of its holdings fell.

Tesla had also briefly accepted the cryptocurrency as payment for sales of certain products.

However, Tesla Chief Executive Officer Elon Musk stopped accepting the digital currency, citing environmental concerns around the mining of bitcoin.

The company said it gained $128 million on sales of bitcoin after selling a portion of its holdings in March. Tesla has not disclosed any change to its bitcoin holdings since.

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THE RISE OF CRYPTOCURRENCY

M. Emad

Feb 07, 2022 10:35pm

Crypto/ Bitcoin is fully banned in China.

Recommend 0

Justice

Feb 07, 2022 11:13pm

@M. Emad, Bangladesh Bank has banned all trade of Cryptocurrency

Recommend 0

Justice

Feb 07, 2022 11:13pm

@M. Emad, This has nothing to do with China though

Recommend 0

Atif

Feb 08, 2022 01:11am

There are tech shops in isb and all over who prepares expensive system for people ..which they keep powered on for minning..more elctricity is consumed than muning coins..gov should take notice and ban

Recommend 0

A shah

Feb 08, 2022 03:44am

India will launch its own coin next year, first country to do so.

Recommend 0

Kashif, Virginia

Feb 08, 2022 06:50am

Tesla has revamped the US auto industry. Cutting edge, technology driven cars are a boon. Great work Tesla.

Recommend 0

Dr. Salaria, Aamir Ahmad

Feb 08, 2022 04:22pm

Crypto currency is a corrupt currency not accepted by the U.S. Federal Reserve bank and its European counterparts including Japan, South Korea, Australia and New Zealand.

Recommend 0

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