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URLhttps://www.nbcnews.com/business/business-news/tesla-now-sitting-2-5-billion-bitcoin-n1265601
Last Crawled2026-03-26 04:29:13 (11 days ago)
First Indexed2021-04-28 12:40:37 (4 years ago)
HTTP Status Code200
Meta TitleTesla is now sitting on $2.5 billion of bitcoin
Meta DescriptionTesla is sitting on roughly $2.5 billion worth of bitcoin, according to a securities filing, giving the automaker a significant gain on paper just a few months after investing.
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Tesla is sitting on roughly $2.5 billion worth of bitcoin, according to a securities filing, giving the automaker a significant gain on paper just a few months after investing. The automaker said its investment in the volatile cryptocurrency was worth $2.48 billion at the end of March. The company announced earlier this year that it had purchased $1.5 billion worth of bitcoin and planned to accept it as payment for vehicles. Tesla said on Monday that it registered a net gain of $101 million from sales of bitcoin during the quarter, helping to boost its net profits to a record high in the first quarter. Tesla does not account for bitcoin as a mark-to-market asset, meaning it only recognizes an earnings benefit if it sells to lock in the gains. Bitcoin was trading near $59,000 on the final day of March, slightly above where it was trading on Wednesday morning. The crypto asset has swung widely in the intervening weeks, trading well above $60,000 before falling sharply to below $50,000. Shares of Tesla were down slightly in premarket trading on Wednesday. The stock, which has been one of the best performers in recent years, has dropped more than 15 percent over the past three months.
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[Latest Stories](https://www.nbcnews.com/latest-stories) - [Politics](https://www.nbcnews.com/politics) - [U.S. News](https://www.nbcnews.com/us-news) - [World](https://www.nbcnews.com/world) - [Sports](http://www.nbcnews.com/sports) - [Shopping](https://www.nbcnews.com/select) - [Culture](https://www.nbcnews.com/culture-matters) - [Science](https://www.nbcnews.com/science) - [Tipline](https://www.nbcnews.com/tips/) - [Health](https://www.nbcnews.com/health) - [Business](https://www.nbcnews.com/business) [Business News](https://www.nbcnews.com/business) # Tesla is now sitting on \$2.5 billion of bitcoin The automaker announced earlier this year that it had purchased \$1.5 billion worth of bitcoin and planned to accept it as payment for vehicles. ![Tesla CEO Elon Musk](https://media-cldnry.s-nbcnews.com/image/upload/t_fit-560w,f_auto,q_auto:best/newscms/2021_11/3456830/210315-tesla-elon-musk-mn-0830.jpg) Tesla CEO Elon Musk gets back into his Tesla after visiting a construction site on Sept. 3, 2020 in Gruenheide, Germany.Odd Andersen / AFP via Getty Images file Share [Add NBC News to Google](https://www.google.com/preferences/source?q=nbcnews.com) ![Save hover state](data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMjAiIGhlaWdodD0iMjAiIHZpZXdCb3g9IjAgMCAyMCAyMCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KPHBhdGggZD0iTTEwLjQyNzkgMTEuNjg4OUw5Ljk5MTcxIDExLjI2NzdMOS41NTM4OCAxMS42ODcyTDIuNTA1NDMgMTguNDM5N1YwLjYzMDQzNUgxNy40OTQ2VjE4LjUxMTlMMTAuNDI3OSAxMS42ODg5WiIgZmlsbD0iIzdDNEU5RiIgZmlsbC1vcGFjaXR5PSIwLjMiIHN0cm9rZT0iIzdDNEU5RiIgc3Ryb2tlLXdpZHRoPSIxLjI2MDg3Ii8+Cjwvc3ZnPgo=)Savewith a NBCUniversal Profile April 28, 2021, 12:34 PM UTC / Source: [CNBC](https://www.cnbc.com/) By Jesse Pound, CNBC Tesla is sitting on roughly \$2.5 billion worth of bitcoin, according to a securities filing, giving the automaker a significant gain on paper just a few months after investing. ![NBC News Icon](data:image/svg+xml;base64,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) Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. ![arrow](https://media-cldnry.s-nbcnews.com/image/upload/rockcms/2026-01/arrow-f55fa5.svg) The automaker said its investment in the volatile cryptocurrency was worth \$2.48 billion at the end of March. The company announced earlier this year that it had purchased \$1.5 billion worth of bitcoin and planned to accept it as payment for vehicles. Tesla said on Monday that it registered a net gain of \$101 million from sales of bitcoin during the quarter, helping to boost its net profits to a record high in the first quarter. Tesla does not account for bitcoin as a mark-to-market asset, meaning it only recognizes an earnings benefit if it sells to lock in the gains. Bitcoin was trading near \$59,000 on the final day of March, slightly above where it was trading on Wednesday morning. The crypto asset has swung widely in the intervening weeks, trading well above \$60,000 before falling sharply to below \$50,000. Shares of Tesla were down slightly in premarket trading on Wednesday. The stock, which has been one of the best performers in recent years, has dropped more than 15 percent over the past three months. Share [Add NBC News to Google](https://www.google.com/preferences/source?q=nbcnews.com) ![Save hover state](data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iMjAiIGhlaWdodD0iMjAiIHZpZXdCb3g9IjAgMCAyMCAyMCIgZmlsbD0ibm9uZSIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj4KPHBhdGggZD0iTTEwLjQyNzkgMTEuNjg4OUw5Ljk5MTcxIDExLjI2NzdMOS41NTM4OCAxMS42ODcyTDIuNTA1NDMgMTguNDM5N1YwLjYzMDQzNUgxNy40OTQ2VjE4LjUxMTlMMTAuNDI3OSAxMS42ODg5WiIgZmlsbD0iIzdDNEU5RiIgZmlsbC1vcGFjaXR5PSIwLjMiIHN0cm9rZT0iIzdDNEU5RiIgc3Ryb2tlLXdpZHRoPSIxLjI2MDg3Ii8+Cjwvc3ZnPgo=)Savewith a NBCUniversal Profile - [About](https://www.nbcnews.com/information/nbc-news-info/about-nbc-news-digital-n1232178) - [Contact](https://www.nbcnews.com/information/nbc-news-info/contact-us-n1232521) - [Help](https://nbcnews.zendesk.com/hc/en-us) - [Careers](https://www.nbcunicareers.com/) - [Ad Choices](https://www.nbcuniversalprivacy.com/privacy/cookies#accordionheader2) - [Privacy Policy](https://www.nbcuniversalprivacy.com/privacy?intake=NBC_News) - [Your Privacy Choices](https://www.nbcuniversal.com/privacy/notrtoo/?intake=NBC_News) - [CA Notice](https://www.nbcuniversalprivacy.com/privacy/california-consumer-privacy-act?intake=NBC_News) - [Terms of Service](https://www.nbcuniversal.com/terms) - [NBC News Subscription Terms of Service](https://www.nbcnews.com/subscribe/supplemental-terms) - [NBC News Sitemap](https://www.nbcnews.com/archive) - [Closed Captioning](https://www.nbcnews.com/information/nbc-news-info/closed-captioning-n1307063) - [Subscribe](https://www.nbcnews.com/subscribe) - [Advertise](https://together.nbcuni.com/advertise/?utm_source=nbc_news&utm_medium=referral&utm_campaign=property_ad_pages) - [NBC Select](https://www.nbcnews.com/select) Ā© 2026 NBCUniversal Media, LLC
Readable Markdown
Tesla is sitting on roughly \$2.5 billion worth of bitcoin, according to a securities filing, giving the automaker a significant gain on paper just a few months after investing. The automaker said its investment in the volatile cryptocurrency was worth \$2.48 billion at the end of March. The company announced earlier this year that it had purchased \$1.5 billion worth of bitcoin and planned to accept it as payment for vehicles. Tesla said on Monday that it registered a net gain of \$101 million from sales of bitcoin during the quarter, helping to boost its net profits to a record high in the first quarter. Tesla does not account for bitcoin as a mark-to-market asset, meaning it only recognizes an earnings benefit if it sells to lock in the gains. Bitcoin was trading near \$59,000 on the final day of March, slightly above where it was trading on Wednesday morning. The crypto asset has swung widely in the intervening weeks, trading well above \$60,000 before falling sharply to below \$50,000. Shares of Tesla were down slightly in premarket trading on Wednesday. The stock, which has been one of the best performers in recent years, has dropped more than 15 percent over the past three months.
Shard42 (laksa)
Root Hash3867714919315588842
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