Tesla Made $80 Million In Profit On Bitcoin Holdings In Q3

Elon Musk’s Tesla reported an $80 million revenue on its Bitcoin holdings within the third quarter of 2025, profiting from the crypto market’s restoration with out making new trades.

In accordance with Tesla’s Q3 submitting launched Wednesday, the electrical automobile maker nonetheless owns 11,509 BTC — price about $1.31 billion as of September 30, up from $1.23 billion within the second quarter.

The rise got here completely from Bitcoin’s worth enhance, not from extra purchases or gross sales. Beneath the brand new honest worth accounting guidelines, Tesla now studies digital property at present market costs, permitting it to report crypto positive factors or losses on a quarterly foundation.

The corporate has not modified its stance since early 2022, when it offered a small portion “to check liquidity” earlier than classifying Bitcoin as a strategic treasury asset.

Past crypto, Tesla’s monetary outcomes confirmed blended indicators. Income rose to $25.18 billion, up from final yr, however internet revenue fell 37% year-over-year to $1.37 billion, or $0.39 per share, as rising R&D and AI spending drove a 50% enhance in working prices.

Elon Musk lately spoke publicly about bitcoin for the primary time in three years, commenting on an X-post linking rising gold, silver and bitcoin costs to international financial “debasement” fueled by AI spending.

Musk agreed and mentioned bitcoin is energy-based, noting that whereas fiat cash will be imitated, vitality can not.

Tesla stays the eleventh largest company Bitcoin holder, behind Technique, Galaxy Digital, Block and Coinbase. according to to BitcoinTreasuries.internet.

Elon Musk’s historical past with Bitcoin

Tesla bought $1.5 billion price of Bitcoin in early 2021 and introduced plans to simply accept BTC for automobile funds.

In 2021, Musk mentioned: “I believe Bitcoin is an efficient factor. I am a supporter of Bitcoin. I am late to the social gathering, however a supporter. I believe Bitcoin is on the cusp of widespread adoption by standard finance folks.”

Nonetheless, inside months, Musk modified course, citing environmental considerations over Bitcoin mining’s heavy reliance on fossil fuels.

“Tesla has suspended the acquisition of autos utilizing Bitcoin,” he mentioned on the time, including that funds would resume as soon as mining used “extra sustainable vitality.” In mid-2022, Tesla offered off about 75% of its Bitcoin holdings – virtually on the backside of the market decline.

On the time of writing, Tesla (TSLA) is buying and selling at $434.33 per share. The inventory is up about 75% previously six months.