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2026-07-24 01:04:07 UTC

npub1rx…plrum on Nostr: 📰 Tesla holds 11,509 Bitcoin despite another $112M quarterly loss 🗓️ Jul 22 ...

📰 Tesla holds 11,509 Bitcoin despite another $112M quarterly loss
🗓️ Jul 22 2026 21:35 UTC

Tesla has kept its 11,509 Bitcoin reserve unchanged while recording a $112 million after-tax loss on digital assets during the second quarter. Tesla’s second-quarter shareholder update showed that the electric vehicle maker neither bought nor sold Bitcoin during the three…

➤ Tesla maintained its holdings of 11,509 Bitcoin despite incurring a $112 million after-tax loss on digital assets in the second quarter due to Bitcoin's price decline.
➤ The company's revenue exceeded expectations, but adjusted earnings and free cash flow fell short, with significant investments in AI, manufacturing, and robotics.
➤ Tesla's passive approach to its Bitcoin reserve continues, with no indication of plans to buy or sell further, leaving the asset's value exposed to market fluctuations.

#tesla #bitcoin #digitalassets #corporatetreasury #marktomarketloss #earningsreport #elonmusk #arkhamintelligence

🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-tesla-holds-11-509-bitcoin-despite-another-112-m-quarterly-loss-2980257728