Tesla reported an $80mn gain from digital asset holdings in the third quarter, according to its Q3 2025 shareholder update. The company’s crypto portfolio, consisting primarily of Bitcoin, was valued at $1.315bn as of September 30, up from $1.235bn in the previous quarter, reflecting appreciation in Bitcoin’s market price.
The automaker posted $1.4bn in net income and record free cash flow of nearly $4bn, supported by strong vehicle deliveries and energy storage growth. Tesla’s report noted the adoption of a new crypto asset accounting standard, allowing unrealized gains and losses to be reflected in quarterly earnings.
While the Nasdaq-100 fell 1% on Wednesday, Bitcoin held firm near $110,200, up 2% over 24 hours with a $2.19tn market cap, suggesting crypto markets may be decoupling from tech-sector weakness. For traders, Tesla’s Bitcoin profits reinforced institutional confidence and underscored how corporate treasury gains can still support broader sentiment in digital assets.
