Tesla made no changes to bitcoin holdings in Q4 as it booked $239 million digital asset loss

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Tesla made no changes to bitcoin holdings in Q4 as it booked $239 million digital asset loss The company's bitcoin stack remained at 11,509 coins, worth about $1 billion at BTC's current price near $89,000. By James Van Straten | Edited by Stephen Alpher Jan 28, 2026, 9:11 p.m. Make us preferred on Google What to know : Tesla made no changes in its bitcoin holdings during the fourth quarter, continuing to hold 11,509 coins. The company recorded a $239 million after-tax mark-to-market loss on its digital assets due to bitcoin's decline from about $114,000 to $88,000 during the year's final three months. Tesla's (TSLA) bitcoin holdings remained flat during the fourth quarter of 2025, continuing at 11,509 coins. The value of that stack, though, declined markedly as the price of bitcoin tumbled from roughly $114,000 to $88,000 during the final three months of the year. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . That decline forced Tesla to book an after-tax impairment loss of about $239 million on its digital asset holdings, according to the company’s just-released fourth-quarter earnings report . History with bitcoin Led by Elon Musk, Tesla in February 2021 disclosed ownership of 43,200 bitcoin, then worth about $1.7 billion. Testing the waters for liquidity, the company shortly afterward unloaded a small portion of that, but then — losing their nerve at about the worst time possible — Musk and team sold about 75% of the company stack at fairly close to bitcoin's 2022 bear-market bottom. Holdings have remained relatively stable since that 2022 sale. Overall earnings For the fourth quarter, Tesla reported revenue of $24.9 billion, shy of estimates for $25.1 billion. Adjusted earnings per share of $0.50 topped the consensus forecast of $0.45. TSLA was higher by 3.4% in after hours trading. Bitcoin News Elon Musk Tesla More For You Pudgy Penguins: A New Blueprint for Tokenized Culture By CoinDesk Research Dec 30, 2025 Commissioned by Pudgy Penguins Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale. What to know : Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token. The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility. View Full Report More For You Paxos' gold token rakes in record inflows as crypto investors turn to the yellow metal By Krisztian Sandor | Edited by Stephen Alpher 1 hour ago Tokenized gold has improved the traditional store of value metal's utility, while bitcoin trades like a risk asset amid uncertain times, one expert noted. What to know : Paxos Gold (PAXG) posted a record inflow of $248 million in January, boosting its market cap to $2.2 billion. The tokenized gold market crossed $5.5B as investors seek stable value amid crypto stagnation. The moves occurred as gold prices surged to new records above $5,300. 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