Tesla has released its financial report for the second quarter of 2025, indicating that the value of Bitcoin on its balance sheet has significantly increased — from $951 million at the end of March to $1.23 billion over the three-month period.
This is reported by Finway
Updated Financial Results and Asset Revaluation
The company emphasized that the transition to a new accounting standard led to a recalculation of financial figures for the quarters of 2024. Additionally, Tesla reported $284 million in unrealized gains in accordance with GAAP standards, related to the increase in the value of digital assets, particularly Bitcoin. The total GAAP profit for the company in Q2 2025 was $1.17 billion.
“Tesla highlighted that due to the transition to the new standard, previously published financial figures for the quarters of 2024 were recalculated.”
The exact number of Bitcoins on the company’s balance sheet is not disclosed; however, according to official information, Tesla owns 9,720 BTC. Meanwhile, independent sources suggest that this amount could reach 11,509 BTC.
Tesla’s Revenue and Business Dynamics
Tesla’s total revenue in the second quarter of 2025 was $22.5 billion — a 12% decrease compared to the same period last year. The main reasons for the decline were reduced vehicle deliveries, a decrease in the average selling price, and lower revenues from regulatory credits. At the same time, the company recorded slight growth in its services and other business segments.
The report also noted that in June 2025, Metaplanet surpassed Tesla in terms of the volume of Bitcoin under management.