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Tesla maintains 11,509 Bitcoin holdings through Q2 2026, reports $112M after-tax fair-value loss

Jul 22, 2026

Tesla maintained its Bitcoin treasury unchanged at 11,509 BTC through the second quarter of 2026, extending a holding pattern in place since 2022. The company reported a $112 million after-tax fair-value loss on its digital asset holdings. CoinDesk reported that Bitcoin declined approximately 14% during the quarter and fell as low as roughly $58,000 in late June. Tesla reported revenue of $28.2 billion, exceeding the $27.6 billion consensus estimate, while adjusted earnings of $0.33 per share missed the $0.55 estimate and free cash flow was negative $1.1 billion.

Tesla Bitcoin holdings stability

  • ▪Tesla maintained its Bitcoin holdings unchanged at 11,509 BTC through the second quarter of 2026
  • ▪Tesla has not bought or sold any Bitcoin since 2022, extending its holding pattern to nearly four years

Q2 impairment loss accounting

  • ▪Tesla recorded a $112 million after-tax fair-value loss on its digital asset holdings during the second quarter of 2026

Bitcoin price volatility

  • ▪CoinDesk reported that Bitcoin declined approximately 14% during the second quarter of 2026 and fell as low as roughly $58,000 in late June before recovering above $65,000 in July

Corporate cryptocurrency accounting standards

  • ▪Under updated accounting standards, eligible digital assets are measured at fair value each reporting period, with both gains and losses recognized in net income

Tesla operational performance metrics

  • ▪Tesla reported second-quarter 2026 revenue of $28.2 billion, beating analyst expectations of $27.6 billion
  • ▪Tesla reported negative free cash flow of $1.1 billion for the second quarter of 2026 amid heavy investments in artificial intelligence, robotics, and manufacturing
  • ▪Tesla reported adjusted second-quarter 2026 earnings of $0.33 per share, missing the consensus analyst estimate of $0.55

Corporate Bitcoin adoption strategy

  • ▪Tesla entered the cryptocurrency market with a $1.5 billion Bitcoin purchase in early 2021 and briefly accepted Bitcoin as vehicle payment before suspending the option over environmental concerns
  • ▪Tesla sold approximately 75% of its original Bitcoin holdings in 2022 to bolster its cash position amid economic uncertainties

8 sources

En
Tesla AI Spending Plan and Its Financial Impact in 2026
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Blockchain
Polymarket prices BTC above $54K at 99.95% after Tesla Q2 bitcoin report
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En
Tesla Holds Bitcoin Through Second Quarter; Stake Valued at $825 Million
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Coindesk
Tesla holds bitcoin steady, reports $112M impairment loss
View source article
Pluang
Tesla holds 11,509 BTC, reports $112M impairmen... | Pluang
View source article

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