CryptoCoinDeskabout 2 hours ago
Tesla holds 11,509 BTC, reports $112M loss
1 min read
Tesla held its bitcoin treasury unchanged at 11,509 BTC during the second quarter, reporting an after-tax impairment loss of $112 million. Bitcoin dropped 14% from about $83,000 to $58,000 over the period. Tesla has not bought or sold bitcoin since 2022. Revenue beat estimates at $28.2 billion, but adjusted EPS missed at $0.33.
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