Bitcoin Holdings de Tesla now is worth $ 1.2B after 30% of BTC price rally in the second quarter

Tesla’s stash (TSLA) Bitcoin (BTC) is now worth around $ 1.2 billion after the price of cryptocurrency rose 30% in the second quarter of this year, according to its profit report.

The gain reflects a recent change in how the United States accounting rules deal with digital assets, one that works in favor of Tesla.

Tesla currently has 11,509 BTC, according to Bitcintrease.net, which makes it the tenth largest company that quotes in the stock market to maintain the cryptographic active in its general balance. Bitcoin is currently quoted at around $ 118,000, compared to $ 83,000 on April 1.

A rule approved by the Board of Financial Accounting Standards (FASB) allows companies to start informing the fair market value of their cryptographic holdings each quarter. This change was required from the first quarter of 2025.

Before this change, corporate headlines such as Tesla had to inform their cryptographic assets to the lowest value they reached during the time they had them, a method that often did not reflect market recoveries. That meant that even if Bitcoin recovered, those profits did not appear in the balance.

Now, Bitcoin’s profits from Tesla can be recognized every quarter, giving shareholders a clearer vision of asset performance.

Revenue for the automobile manufacturer reached $ 22.5 billion, compared to the average estimate of analysts of $ 22.3 billion, according to FACTSET data. Profit per share was $ 0.40, also coinciding with estimates of $ 0.40.

TSLA shares increased 0.71% in negotiation hours after the market, with the shares that quote at $ 331.56.

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