Tesla's Q2 Bitcoin Holdings Remain Unchanged at 11,509 Coins, Confirms $112 Million Impairment Loss

BlockBeats News, July 23rd, Tesla's Q2 earnings report showed that the company did not purchase or sell any additional Bitcoin, and continues to hold 11,509 BTC. Due to Bitcoin's roughly 14% decline during the quarter, the company recognized a $112 million impairment loss on its digital assets.

As a result, Tesla has not traded Bitcoin since 2022.