Tesla books $112 million crypto paper loss as digital assets fall to $674 million
The Q2 mark cut GAAP earnings by $87 million after tax, while Tesla added the full pretax loss back to adjusted EBITDA.

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A decisive reclaim of short-term holders’ $69,000 cost basis would put Bitcoin into a thin supply zone stretching toward $84,000.
Bitcoin is safe today, but signatures, software, custodians and users would need years to coordinate a defense.
Spot trading remains thin and derivatives traders are still hedging against another drop, even as long-term holders stay put and U.S. ETF demand begins to recover.
Options skew at 11.4 points and positive funding show leverage rebuilding before Bitcoin confirms a durable bottom.
Matching FEC rows name Gemini because it liquidated the same bitcoin, not because the exchange donated another $10 million.
More than 380 investors supplied the funds, while court approval, penalties and any recovery remain unresolved.