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Benzinga
@Benzinga
Financial News, Data & Education 💸
加入 June 2009
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Tesla ($TSLA) kept its Bitcoin ($BTC) holdings unchanged through the third quarter while the value of its crypto stash jumped sharply. Tesla reported $962 million in digital assets on its balance sheet, up 42% from the previous quarter. The company also recorded $288 million in unrealized gains on its cryptocurrency holdings, ending a three-quarter streak of paper losses. Tesla does not provide a detailed breakdown of its digital assets, but Arkham Intelligence estimates the company continues to hold 11,509 Bitcoin, unchanged from recent quarters. At Bitcoin’s Sept. 30 closing price of roughly $83,554, that position closely matched the value Tesla reported on its balance sheet. Tesla is now ranked as the 11th-largest corporate holder of Bitcoin, ahead of companies including Block and Riot Platforms. SpaceX ($SPCX) also maintained its Bitcoin holdings during the third quarter, keeping both of Elon Musk’s major companies exposed to the cryptocurrency. Tesla separately reported third-quarter revenue of $28.05 billion, roughly flat year over year, while adjusted earnings of 48 cents per share beat the 43-cent consensus estimate. Tesla shares fell 3.7% in after-hours trading after closing the regular session 3.4% higher at $386.47.
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