Tesla Holds 11,509 BTC Despite $112 Million Quarterly Impairment Loss

TSLA-14.60%
BTC-1.21%
According to Tesla's Q2 earnings release, the company maintained its Bitcoin holdings of 11,509 BTC last quarter, absorbing a $112 million after-tax impairment loss on the position. Tesla has retained this stake since selling roughly 75% of its original holdings in 2022. Bitcoin is currently trading around $66,500, valuing Tesla's holdings at approximately $765 million.
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GateUser-8b7db8c0vip
· 6h ago
Hold steady.
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