Tesla Maintains Bitcoin Holdings Amid Q1 2025 Earnings Decline
- Tesla retained all 11,509 Bitcoin in Q1 2025, with no sales reported.
- The value of Tesla’s Bitcoin holdings was approximately $951 million at the end of Q1.
- Bitcoin’s price increased by about 6% to $93,000, raising Tesla’s Bitcoin value above $1 billion.
- Energy generation and storage revenue grew by 67% year-over-year in the first quarter.
- Tesla’s total revenue fell by 9% year-over-year to around $19 billion.
Tesla did not sell any of its Bitcoin holdings during Q1 2025. Despite a decline in overall revenue and vehicle deliveries, the company’s energy segment experienced significant growth with a 67% increase in revenue compared to the previous year.
Source (2.6)https://cryptobriefing.com/tesla-bitcoin-holdings-q1-2025/?rand=59535
