{"id":48400,"date":"2025-10-23T13:45:31","date_gmt":"2025-10-23T18:45:31","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=48400"},"modified":"2025-10-23T13:46:04","modified_gmt":"2025-10-23T18:46:04","slug":"tesla-made-80m-in-profit-on-bitcoin","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/tesla-made-80m-in-profit-on-bitcoin","title":{"rendered":"Tesla Made $80M in Profit on Bitcoin Holdings in Q3, Didn’t Sell Any Crypto"},"content":{"rendered":"
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Elon Musk\u2019s Tesla reported<\/a> an $80 million gain on its Bitcoin holdings in the third quarter of 2025, benefiting from the crypto market\u2019s rebound<\/a> without making any new trades.<\/p>\n\n\n\n

According to Tesla\u2019s Q3 filing released on Wednesday, the electric vehicle maker continues to hold 11,509 BTC \u2014 valued at roughly $1.31 billion as of September 30, up from $1.23 billion in Q2. <\/p>\n\n\n\n

The increase came entirely from Bitcoin\u2019s price appreciation, not from additional purchases or sales. Under new fair-value accounting rules, Tesla now reports digital assets at current market prices, allowing it to record crypto gains or losses each quarter.\u00a0<\/p>\n\n\n\n

The company hasn\u2019t changed its position since early 2022, when it sold a small portion \u201cto test liquidity\u201d before classifying Bitcoin as a strategic treasury asset.<\/p>\n\n\n\n

Beyond crypto, Tesla\u2019s financial results showed mixed signals. Revenue rose to $25.18 billion, up from last year, but net income dropped 37% year-on-year to $1.37 billion, or $0.39 per share, as rising R&D and AI spending drove a 50% increase in operating costs.<\/p>\n\n\n\n

Elon Musk publicly addressed bitcoin for the first time in three years recently, commenting on an X post linking rising gold, silver, and bitcoin prices to global monetary \u201cdebasement\u201d fueled by AI spending. <\/p>\n\n\n\n

Musk agreed, saying bitcoin is energy-based<\/a>, noting that while fiat currency can be faked, energy cannot. <\/p>\n\n\n\n

Tesla remains the 11th-largest corporate Bitcoin holder, behind the likes Strategy, Galaxy Digital, Block, and Coinbase, according<\/a> to BitcoinTreasuries.net.<\/p>\n\n\n\n

Elon Musk’s history with Bitcoin<\/h2>\n\n\n\n

Tesla famously purchased<\/a> $1.5 billion worth of Bitcoin in early 2021 and announced plans to accept BTC for vehicle payments.<\/p>\n\n\n\n

Back in 2021, Musk said<\/a>, \u201cI think Bitcoin is a good thing. I am a supporter of Bitcoin. I am late to the party but a supporter. I think Bitcoin is on the verge of getting broad acceptance by conventional finance people.\u201d<\/p>\n\n\n\n

Within months, however, Musk reversed course, citing environmental concerns about Bitcoin mining\u2019s heavy reliance on fossil fuels.<\/p>\n\n\n\n

\u201cTesla has suspended vehicle purchases using Bitcoin,\u201d he said at the time, adding that payments would resume once mining used \u201cmore sustainable energy.\u201d In mid-2022, Tesla sold<\/a> roughly 75% of its Bitcoin holdings \u2014 near the bottom of the market\u2019s decline.<\/p>\n\n\n\n

At the time of writing, Tesla (TSLA) is trading at $434.33 a share. The stock is up roughly 75% over the last six months. <\/p>\n","protected":false},"excerpt":{"rendered":"

Tesla booked an $80 million gain on its unchanged Bitcoin holdings in Q3 2025, with 11,509 BTC now valued at about $1.31 billion, up from $1.23 billion in Q2.<\/p>\n","protected":false},"author":3817,"featured_media":48402,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[76,603,2118],"class_list":{"0":"post-48400","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bitcoin","9":"tag-elon-musk","10":"tag-tesla"},"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/10\/Tesla-Made-80M-in-Profit-on-Bitcoin-Holdings-in-Q3.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/48400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=48400"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/48400\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/48402"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=48400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=48400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=48400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}