Here’s What Tesla Did With Its Bitcoin Holdings in Q2 2026
The leading electric vehicle manufacturer reported no changes to its Bitcoin holdings in the second quarter of the year, extending one of the longest uninterrupted corporate BTC streaks.
Meanwhile, the same cannot be said about other major crypto corporate holders, while another one of Elon Musk’s companies, SpaceX, which went public recently, made a small BTC transfer, raising some questions.
Tesla HODLs
It’s worth noting that Bitcoin was not mentioned extensively during the recently reported earnings call, but the absence of any transaction was enough to reassure investors that there’s no change in the company’s holdings. This means that the EV maker’s crypto position remains the same – 11,509 BTC, making it one of the largest publicly traded corporate holders of the primary cryptocurrency.
The Musk-led entity entered the Bitcoin market in early 2021, making a $1.5 billion purchase in one of the most influential corporate crypto investments ever announced. However, it later sold 10% of its holdings to test BTC’s liquidity before disposing of 75% of its remaining position during the 2022 bear market. At the time, Musk said the firm needed to strengthen its cash position amid the growing economic uncertainty.
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