Tesla was disappointed in the second quarter of 2025 by missing out on both revenue and profit expectations.
However, the company’s investors’ presentations had another impressive detail. It is Tesla’s digital asset.
The company’s digital assets portfolio is currently valued at $1.24 billion. This represents a significant increase from $722 million in the same period last year, but given the 80% valuation of Bitcoin over the past year, this increase actually means Tesla is missing billions of dollars in potential revenue.
The electric car giant announced its trust in the long-term potential of cryptocurrency by investing $1.5 billion in Bitcoin in early 2021. At the time, CEO Elon Musk’s social media support for Bitcoin had a major impact on the crypto market. However, in mid-2022, Tesla sold 75% of Bitcoin Holdings. At the time, Bitcoin was far below its current value.
Today, Bitcoin is approaching $119,000. If Tesla had held Bitcoin assets at the time, the investment would have reached around $5 billion in value at its current value. Bitcoin, which was liquidated in 2022, is worth around $3.5 billion today.
During the quarter that sold cryptocurrency, Tesla announced its decision to strengthen its cash position amid a major disruption in the market. The company lost two-thirds of its market capitalization in 2022, but Bitcoin fell 60%.
However, the market situation has changed. Bitcoin has been recovering rapidly over the past two years. US President Donald Trump’s plan to ease regulations and establish a strategic Bitcoin reserve was one of the reasons behind the rise.
Tesla reported $284 million in Bitcoin fuel profit in the second quarter of 2025, but that profit is only a small portion of the potential profit. The company’s net profit was $1.17 billion for the period, but car sales revenues fell in the second quarter.
Musk has lowered social media posts about cryptocurrency in recent years. In March 2022, shortly before Tesla’s Bitcoin sale, he said, “I still have Bitcoin, Ethereum and Dogecoin, but I don’t sell them.”
*This is not investment advice.
