Tesla’s Bitcoin Holdings is now worth $ 1.2B after 30% BTC price rally.

According to the import report, TESLA’s (TSLA) Bitcoin (BTC) Stash is currently worth about $ 1.2 billion after 30% increase in the second quarter of this year.

Profit reflects the recent changes in how the US accounting rules deal with digital assets.

According to Bitcointreasuries.net, Tesla currently has 11,509 BTC and is the tenth the largest open trading company with Crypto assets in the balance table. Bitcoin is currently trading from $ 83,000 on April 1 to about $ 118,000.

The rules approved by the Financial Accounting Standards Board allows the company to report the fair market value of encryption every quarter. This change began in the first quarter of 2025.

Prior to this change, companies such as Tesla had to report the lowest value for the encryption assets. It is often not a reflection of market recovery. It meant that even if Bitcoin rebounded, no benefits were in the balance table.

Tesla’s Bitcoin profit can now be recognized in each quarter, providing shareholders with a clear view of assets.

According to FactSet Data, automakers’ sales reached $ 22.5 billion. The income per share was $ 0.40, consistent with an estimated $ 0.40.

TSLA’s stocks increased 0.71% in trading time after the market and stock transactions are $ 331.56.