Saturday, September 6, 2025

Tesla Reveals $1.5 Billion In Bitcoin Holdings Following Revised Investment Policy That Includes Gold

Tesla Inc (NASDAQ: TSLA) this morning indicated in a filing that it has revised its investment policy to include alternative reserve assets, including “digital assets, gold bullion, gold exchange-traded funds and other assets as specific in the future.” The text following this announcement indicated that the company has invested an aggregate of $1.50 billion in bitcoin.

The change in policy was reportedly conducted in January 2021, with the intend of providing the company with “more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.” The company also indicated that it expects to begin accepting bitcoin as a form of payment for the firms products in the near future, initially on a limited basis.

Finally, Tesla indicated that it intends to hold the assets long term, which may impact profitability as a result of accounting impairments that may be associated with holding the digital currency.

The announcement follows a weekend where CEO Elon Musk repeatedly discussed digital currencies on his Twitter feed, with an emphasis being placed on that of Dogecoin.

The news notably follows the announcement last week that the company was required to issue recall notices on thousands of vehicles following faulty touchscreens.

Tesla is trading up 2.55% in pre-market trading to $873.50 following the news, while bitcoin has risen to $43,871.


Information for this briefing was found via Edgar. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

Treasury Metals Intersects 0.89 g/t Gold Over 58.0 Metres

Treasury Metals Inc. (TSX: TML) today released the results from an additional 2,700 metres of...

Wednesday, June 16, 2021, 09:33:00 AM

Starr Peaks Assays Grab Samples At 157 G/T Gold At Turgeon Lake Property

Starr Peak Exploration (TSXV: STE) has finally received assay results from sampling that was conducted...

Wednesday, December 9, 2020, 09:03:50 AM

Is Bitcoin A Ponzi Scheme?

It’s been suggested, both by intelligent observers and by Barstool Sports’ Dave Portnoy that Bitcoin,...

Saturday, January 9, 2021, 09:00:00 AM

MicroStrategy Unveils $42 Billion Plan to Expand Bitcoin Holdings

MicroStrategy (Nasdaq: MSTR), the world’s largest corporate bitcoin holder, has announced an ambitious three-year plan...

Thursday, October 31, 2024, 10:32:00 AM

Junior Gold Miners Offer Massive Upside – The Daily Dive feat Russell Starr

This afternoon on the Daily Dive, host Cassandra Leah sits down with Russell Starr, co-founder...

Sunday, November 22, 2020, 12:30:00 PM