Tesla’s Bitcoin Holdings Surge to $1.2 Billion Amid Price Rally

Tesla’s bitcoin (BTC) reserves have climbed to approximately $1.2 billion after the cryptocurrency surged 30% in Q2 2025, according to the automaker’s latest earnings report. The company currently holds 11,509 BTC, ranking it as the tenth-largest publicly traded firm with bitcoin on its balance sheet, based on data from BitcoinTreasuries.Net.

The surge in value comes as bitcoin trades near $118,000, up from $83,000 at the start of April. This increase coincides with a pivotal accounting change by the U.S. Financial Accounting Standards Board (FASB), which now requires companies to report the fair market value of digital assets quarterly. Previously, firms like Tesla had to record their holdings at the lowest value during the reporting period, masking gains during market recoveries.

The revised rules, effective from Q1 2025, allow Tesla to reflect real-time value changes of its bitcoin holdings, offering shareholders a clearer view of performance. This marks a significant shift in how corporate crypto assets are presented in financial statements and could encourage more companies to adopt similar strategies.

Tesla’s Q2 revenue reached $22.5 billion, slightly above analyst projections of $22.3 billion, while earnings per share (EPS) matched estimates at $0.40. Following the report, Tesla shares edged up 0.71% in after-hours trading to $331.56.

This development highlights growing institutional exposure to bitcoin and underscores how regulatory changes can impact corporate crypto strategies, potentially setting a precedent for broader adoption in financial reporting.