The electric vehicle giant made no changes to its Bitcoin holdings during the second quarter of 2026, continuing one of the longest uninterrupted corporate holding streaks among publicly traded companies.
While several major corporate Bitcoin holders adjusted their positions over the same period, another Elon Musk company, SpaceX, which recently went public, attracted attention after making a small Bitcoin transfer that sparked speculation.
Tesla Keeps Its Bitcoin Position Unchanged
Although Bitcoin received little attention during Tesla’s latest earnings call, the company confirmed it neither bought nor sold any BTC during the quarter. As a result, Tesla continues to hold 11,509 BTC, maintaining its status as one of the largest publicly traded corporate owners of Bitcoin.
Tesla first entered the cryptocurrency market in early 2021 with a landmark $1.5 billion Bitcoin purchase, one of the most significant corporate crypto investments at the time. The company later sold 10% of its holdings to test Bitcoin’s liquidity before offloading 75% of its remaining position during the 2022 bear market. Elon Musk said the sales were intended to strengthen Tesla’s cash reserves amid growing economic uncertainty.
Since then, Tesla has left its Bitcoin holdings untouched. Despite several years of market volatility, major price swings, and multiple record highs, the company has consistently reported the same 11,509 BTC on its balance sheet every quarter.
This makes Tesla one of the few major corporate Bitcoin holders to maintain a completely unchanged strategy for more than three years.
SpaceX Transfer Draws Attention
Unlike Tesla, SpaceX recently made a small Bitcoin transfer that briefly fueled market speculation. However, the movement did not result in any significant changes to the company’s overall holdings.
According to its latest SEC filing before its initial public offering, SpaceX still owns 18,712 BTC, indicating that its long term Bitcoin position remains largely intact.
Tesla and Bitcoin Close in Market Value
Tesla’s commitment to holding Bitcoin comes as the company’s market capitalisation remains remarkably close to that of the cryptocurrency itself.
According to CompaniesMarketCap data, Bitcoin currently has a market capitalisation of about $1.31 trillion, while Tesla ended Friday with a valuation of approximately $1.26 trillion.
Bitcoin ranks 13th among the world’s most valuable assets, well below its previous peak of sixth place, while Tesla sits one position behind. Meta Platforms and SpaceX are the other two entities just outside the global top 10 rankings.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
