Tesla has released its financial report for the third quarter of 2025, announcing an $80 million unrealized profit from its investments in Bitcoin. As of the end of September, the company’s cryptocurrency portfolio was valued at $1.315 billion.
This is reported by Business • Media
Portfolio Growth and New Accounting Standards for Crypto Assets
As of December 15, 2024, updated accounting rules for crypto assets have been implemented in the United States, requiring companies to report them on their balance sheets at fair value. This means that large corporations investing in Bitcoin and other crypto assets must disclose unrealized profits or losses in their financial statements.
According to Arkham Intelligence, Tesla holds 11,509 BTC, although the company has officially confirmed the purchase of 9,720 BTC and currently does not disclose the exact number of Bitcoins in its possession. As of September 30, 2025, Tesla’s Bitcoin portfolio is valued at $1.315 billion, which is 80.3% higher than the same period in 2024.
For the reporting quarter, the company reported an unrealized profit of $80 million. This figure is lower than in the second quarter of 2025 (where it recorded $284 million), but significantly exceeds the result from the first quarter, when the company experienced an unrealized loss of $125 million.
“The company reported an increase in the valuation of its Bitcoin portfolio to $1.315 billion.”
Financial Results and Market Reaction
Tesla’s total revenue in the third quarter of 2025 was $28.1 billion, exceeding the expected level of $26.4 billion. Gross profit rose to $5.05 billion, which is 30.3% higher compared to the previous quarter and 1.1% compared to the same period last year.
Net income (according to GAAP standards) was $1.37 billion, which is 17.2% higher than in the second quarter but 37% lower compared to the third quarter of 2024. Adjusted earnings per share were $0.5, slightly below previous forecasts.
The report also notes that the decrease in profit is related to falling prices for electric vehicles and a significant increase in operating expenses – the latter rose by approximately 50%, partly due to investments in artificial intelligence. In light of these results, Tesla’s stock price fell by 0.8% in pre-market trading.
Recently, in the ranking of the largest public Bitcoin holders, Tesla fell behind the Japanese company Metaplanet. However, Metaplanet later faced a decline in its net asset value (NAV) – it turned out to be lower than the value of its Bitcoin portfolio.