Tesla ended Q1 2025 with a stable Bitcoin portfolio worth $951 million. This figure reflects a decline in market value but no sales. The company’s net income fell sharply, while it kept its Bitcoin holdings despite the overall drop in revenue, marking its continued presence within the top corporate crypto holders. Tesla’s decision to maintain its Bitcoin assets stems from updated accounting rules requiring quarterly valuation adjustments. Following previous reporting methods, companies would have shown the lowest price achieved during their business period, now replaced by a more accurate reflection of realized gains and losses via the revised FASB accounting procedures. Tesla’s on-chain data confirms no Bitcoin sales, aligning with blockchain tracking platforms like Arkham Intelligence. Despite market fluctuations, Tesla maintains a consistent crypto strategy while acknowledging the potential impact of price volatility on quarterly reports.