Tesla’s $112M Bitcoin Impairment Didn’t Move a Single Coin in Q2 2026
In Bitcoin news today, Tesla absorbed a $112M impairment loss on its Bitcoin holdings in Q2 2026 and did not sell a single coin. The company’s 11,509 BTC position remained static throughout the quarter as BTC fell roughly 14%, sliding from around $83,000 at the quarter’s open to approximately $58,000 by the end of June.
With the Tesla impairment loss news dropping, Bitcoin is trading at $65,700, down -0.5% overnight, as it continues to hold steady after briefly pushing above $66,000 earlier this week. 24-hour trading volume on Bitcoin is sitting at $23.2Bn.
The central tension this story forces into focus: if a nine-figure accounting loss is not enough to shake Tesla loose from its Bitcoin stack, what exactly would be?
Tesla still holds ~11,500 BTC worth $674M as of June 30.
$112M impairment cost reported in Q2 — but zero BTC sold.
Tesla hasn't touched its Bitcoin since selling 75% of holdings in 2022. Four years of conviction. #Tesla #Bitcoin #BTC pic.twitter.com/nqej9Nsxn9
— Bitcoin World News (@BitcoinWorldN) July 23, 2026
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