Tesla Holds Bitcoin Position Steady as Digital Asset Loss Reaches $112M

Tesla Inc. held its Bitcoin treasury position steady at 11,509 BTC throughout the second quarter, continuing an unchanged holding pattern that has persisted for nearly four years. The company recorded a $112 million after-tax loss on its digital asset holdings during the quarter as Bitcoin experienced significant volatility, declining from approximately $83,000 at the end of March to around $58,000 by June 30 before recovering above $65,000 in July.
The company has not engaged in any Bitcoin tr