Tesla booked an $80 million gain on its bitcoin holdings in the third quarter of 2025, a move that lifted the value of its crypto stash but did not change the company’s cash from selling the coins. According to reports, the firm still held 11,509 BTC at the end of the quarter, which was valued at roughly $1.35 billion.

Tesla Books Crypto Gain

Reports have disclosed that the gain showed up on Tesla’s income statement because of recent accounting guidance that requires companies to mark certain crypto assets to fair value.

That change means swings in bitcoin’s market price now show up in quarterly results even if no coins are sold. Accounting experts have been preparing for this shift since the Financial Accounting Standards Board issued new guidance in late 2023.

Earnings Release: C

See Full Page