Tesla’s Bitcoin holdings have climbed to more than $1.25 billion, reaffirming the company’s long-standing position in the cryptocurrency market. According to Arkham Intelligence, Tesla currently holds approximately 11,900 BTC, further solidifying its role as a significant corporate Bitcoin holder under the leadership of Elon Musk.
In a recent update shared on X, Arkham Intelligence reported that Tesla’s Bitcoin portfolio is now worth $1,257,345,294.56. The company first entered the crypto space in early 2021 when it purchased 43,200 BTC for around $1.5 billion and signaled plans to include Bitcoin as a payment option for its electric vehicles.
Tesla adjusts Bitcoin strategy over time
Tesla briefly allowed customers to use Bitcoin for vehicle purchases but suspended the option in May 2021, citing concerns about the environmental impact of Bitcoin mining. Musk emphasized that the suspension was based on the increased use of coal in crypto mining and not a rejection of digital assets. His explanation followed a sharp decline in Bitcoin’s price and Tesla’s stock.
In the second quarter of 2022, Tesla sold approximately 75 percent of its Bitcoin holdings, receiving around $936 million while retaining 9,720 BTC. Musk later clarified that the decision was driven by a need for cash rather than negative sentiment about the cryptocurrency. Since then, Tesla has gradually increased its Bitcoin balance and holds 11,900 BTC.
Tesla now holds over $1.25 Billion of BTC.Elon Musk is bullish on Bitcoin. pic.twitter.com/rNbzOP1QPJ
— Arkham (@arkham) May 23, 2025
Corporations expand crypto holdings
Other companies are also expanding their Bitcoin investments. Strategy has accumulated 576,230 BTC, having recently purchased 7,390 BTC worth $764.9 million. Metaplanet, a Japanese investment firm, currently holds 7,800 BTC and is working toward a target of 10,000 BTC. Its stock, listed as 3350.T, surged by 15 percent following its latest purchase of 1,004 BTC.
There has also been speculation that Bitcoin could be a part of Elon Musk’s X Money platform, especially after Tesla’s crypto-linked earnings boosted its Q4 2024 net income to $600 million.
States and federal lawmakers push for Bitcoin reserves
More than 25 states have introduced Bitcoin reserve bills in the United States. Texas and New Hampshire have passed such legislation, while Florida ended its discussions, and Arizona’s Governor Katie Hobbs vetoed two related proposals. Thirteen federal bills remain active, which could set a foundation for national Bitcoin reserves if approved.
President Trump proposed including Bitcoin, Ethereum, XRP, Solana, and Cardano in a digital asset reserve. After his announcement, investors rushed to buy cryptocurrencies, which resulted in policymakers discussing the topic once again.
The post Tesla’s Bitcoin Holdings Now Valued at Over $1.25 Billion first appeared on Coinfea.
