Jan 29 — Tesla’s Q4 financial report shows that its Bitcoin holdings remained unchanged at 11,509 BTC. As Bitcoin’s price fell from approximately USD 114,000 to USD 88,000 over the final three months of last year, the company recorded an after-tax digital asset impairment loss of about USD 239 million.
Tesla reported Q4 revenue of USD 24.9 billion, slightly below expectations of USD 25.1 billion, while adjusted earnings per share came in at USD 0.50, exceeding the expected USD 0.45.
Tesla first disclosed its Bitcoin holdings in February 2021, when it held 43,200 BTC, and later sold roughly 75% of its position near the bottom of the 2022 bear market. Its Bitcoin holdings have remained relatively stable since, with a current value of approximately USD 1 billion (based on a Bitcoin price of USD 89,000).