Tesla Holds Steady With Over $1 Billion in Bitcoin, Posts $500M Unrealized Gain

Tesla has once again reaffirmed its long-term stance on Bitcoin, revealing in its Q1 2025 earnings report that it neither bought nor sold any of its cryptocurrency holdings during the quarter. The electric vehicle and energy giant, led by Elon Musk, continues to hold roughly $1.05 billion worth of Bitcoin—an asset that now carries an unrealized profit exceeding $500 million.

This passive quarter follows Tesla’s last notable move in the crypto space in Q3 2024, when the company transferred its entire Bitcoin stash—then valued at $760 million—out of its public wallet. That transfer stirred the market, fueling a price rally that briefly pushed Bitcoin past $67,000. Since then, the digital asset has climbed even higher, recently breaking the $94,000 mark after a 13% monthly surge.

Tesla’s hands-off approach contrasts with its more active history. The last time the company reduced its Bitcoin exposure was in Q2 2022, when it offloaded 75% of its holdings—roughly $936 million. Despite that selloff, the automaker’s remaining BTC investment has proven to be a profitable one, buoyed by bullish market trends and increased institutional acceptance.

Driving part of the optimism are record inflows into spot Bitcoin ETFs, now at their highest since January. Analysts also credit Tesla’s Bitcoin position as benefiting from new accounting standards that better reflect the volatility and value appreciation of digital assets.

Elon Musk’s other major venture, SpaceX, is also riding the Bitcoin wave. The aerospace company reportedly holds about $560 million in BTC. Combined, Tesla and SpaceX control approximately 19,788 Bitcoins—together worth over $1.8 billion at today’s prices.

As Bitcoin pushes toward new all-time highs, Tesla’s quiet confidence in the asset continues to stand out—especially as Wall Street’s interest in crypto shows no signs of slowing.