Tesla Misses Q1 Revenue Target But Still HODL 11,509 BTC: Now Worth $1 Billion

Tesla's Q1 2025 financial report shows that although revenue did not meet expectations, the company still holds over 951 million dollars in Bitcoin. After the first purchase in February 2021 and selling 75% of the amount of Bitcoin held in July 2022, Tesla currently holds approximately 11.509 BTC. Bitcoin is still a strategic asset of Tesla According to the filing submitted to the U.S. Securities and Exchange Commission (SEC) on April 22, 2025, Tesla's Q1 revenue reached $19.34 billion. This figure is significantly lower than market expectations of $21.37 billion. The electric vehicle segment, Tesla's main source of revenue, has decreased by 20% compared to the same period last year. The main reasons are a 13% drop in vehicle deliveries and a 16% decrease in production. However, Tesla's stock price has dropped 41% since the beginning of 2025, under pressure from the controversies surrounding CEO Elon Musk's involvement in government roles and ongoing protests against the company. A notable point in Tesla's Q1 2025 financial report for the cryptocurrency community is the amount of Bitcoin held by the company. As of March 31, 2025, Tesla owns 11,509 Bitcoin, worth approximately $951 million, according to data from Bitcointreasuries.net.

The 12% decrease in Bitcoin in Q1 2025 has slightly reduced Tesla's BTC holdings value from $1.076 billion at the end of 2024. However, today, with Bitcoin's price rising by 6% to $93,000, Tesla's Bitcoin holdings value has once again exceeded $1 billion. The new regulations from the Financial Accounting Standards Board (FASB) require companies to value digital assets at market value each quarter, impacting Tesla's financial reporting. Previously, this regulation allowed Tesla to recognize a profit of 600 million dollars from Bitcoin in the fourth quarter of 2024 due to the rising market. Therefore, Tesla did not make any transactions related to Bitcoin in this quarter. This shows that the company is sticking to its HODL strategy, viewing Bitcoin as a part of its strategic investment portfolio. Other major companies, such as Strategy and Metaplanet, are also pursuing this long-term holding approach. Elon Musk focuses back on Tesla

Tesla's continued holding of Bitcoin amidst market volatility demonstrates Elon Musk's confidence in the long-term potential of cryptocurrency. However, this also raises questions about the fate of Tesla's BTC stash, especially as Musk is expected to reduce focus on DOGE and shift attention back to Tesla starting this May. "It's not a withdrawal, but just a reduction in the allocation time after @DOGE is established," Musk declared. Tesla is currently at a crucial crossroads, as Dan Ives, an analyst at Wedbush, calls this a "red alert situation." If the current situation continues, Musk may be forced to restructure Tesla's financial strategy, including holding Bitcoin. BeInCrypto reports that the cryptocurrency market will be volatile in the short term until mid-May 2025, due to economic pressures and instability in trade policies. The market may stabilize in the middle to the end of Q2, supported by historical trends and loose monetary policies. Strong growth is expected in Q3, driven by Bitcoin's post-halving cycle, institutional adoption, and clearer regulations regarding cryptocurrencies in the United States.