Tesla Made $80M in Profit on Bitcoin Holdings in Q3, Didn’t Sell Any Crypto

Tesla reported an $80 million gain on its Bitcoin holdings for the third quarter of 2025, attributed to the crypto market's rebound, as the company did not execute any trades. As of September 30, Tesla still held 11,509 BTC, valued at approximately $1.31 billion, up from $1.23 billion in Q2. This increase was solely due to Bitcoin's price appreciation, reflecting Tesla's use of new fair-value accounting rules for digital assets. The company has maintained its position since early 2022, classifying Bitcoin as a strategic treasury asset. Separately, Tesla's Q3 financials showed mixed results: revenue increased, but net income dropped 37% due to higher R&D and AI spending. Elon Musk recently commented on Bitcoin, agreeing it is energy-based and cannot be faked like fiat currency.

(Source：Bitcoin Magazine)