Tesla Holds Strong: No Bitcoin Sold in Q1 2025

Electric car maker Tesla (TSLA), one of the leading automotive and clean energy companies owned by Elon Musk, announced today that none of their $321,000,000 Bitcoin (BTC) was sold in the first quarter of 2025. This confirms what many were speculating after Tesla disclosed a first-quarter revenue of $23.33 billion and a net profit – their Bitcoin holdings remained unchanged.

Tesla’s Q1 update has revealed that it is holding onto its $321 million worth of bitcoin. This marks the third consecutive quarter that Tesla has kept its crypto holdings consistent. Tesla announced that it never sold any of its $321 million Bitcoin (BTC) holdings in Q1 of 2025, allaying any fears stemming from previous sales.

The report has revealed that Tesla did not purchase any Bitcoin during the first quarter of 2025, marking a significant shift from its previous stance on the cryptocurrency. While the Tesla CEO explained at the time that the sale (referring to a previous sale, not Q1 2025) was made to “prove liquidity of Bitcoin as an alternative to holding cash on a balance sheet,” Wall Street and crypto enthusiasts have been closely monitoring Tesla's Bitcoin strategy.

Electric car maker Tesla (TSLA) did not buy or sell any bitcoin in the first quarter of 2025, the company reported in its earnings release Wednesday afternoon. Maintaining their position, Tesla appears to be taking a long-term approach to its Bitcoin investment.