Bitcoin's recent sharp decline erased over $220 million from Tesla's corporate treasury over the past month. Tesla holds 11,509 bitcoins. Bitcoin's price fell to around $62,715. These holdings dropped to approximately $724 million as of June 5. This represents a decline from a peak of $946 million in early May.
Tesla reported no change in its Bitcoin holdings during the first quarter of 2026. The company reported a $173 million loss tied to its cryptocurrency holdings in the first quarter. Continued volatility and the recent downturn highlight the ongoing financial risk associated with Tesla's digital asset strategy. This strategy remains a point of focus for investors ahead of its next earnings report.