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Tesla reported $786 million in digital assets as of March 31, down 22% from the fourth quarter of 2025. The company also recorded paper losses of $222 million on its cryptocurrency holdings, marking back-to-back quarters of losses.
Tesla does not publish a breakdown of its cryptocurrency holdings. However, on-chain analytics firm Arkham Intelligence reports that Tesla’s stockpile consists solely of Bitcoin. Arkham said Tesla’s stash of 11,509 BTC remained unchanged from the last quarter.
Bitcoin’s performance also aligned with Tesla’s decline in digital assets. Bitcoin closed the first quarter down 22.2%, consistent with the drop in the value of Tesla’s cryptocurrency holdings.
Tesla’s Bitcoin holdings began in January 2021, when it first acquired $1.5 billion worth of the cryptocurrency. Tesla previously accepted Bitcoin as a payment option for vehicles, but ended the practice due to concerns about the energy consumption used in Bitcoin mining.
In its first-quarter results, Tesla reported revenue of $22.71 billion, narrowly missing the Street consensus estimate. Adjusted earnings per share were 41 cents, beating analyst estimates of 37 cents.
Automotive revenue was $16.23 billion, up 16% year-over-year. Full-self driving subscriptions rose 51%.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
