Tesla Holds $951 Million in Bitcoin Amid Earnings Miss

Tesla (TSLA) maintains nearly $1 billion in bitcoin, as stated in its latest earnings report.

Digital asset holdings valued at $951 million as of March 31, down from $1.076 billion on Dec. 30.
Tesla holds 11,509 bitcoin, according to Bitcoin Treasuries data.
Value decline attributed to bitcoin price depreciation between quarters.
No transactions reported in the last three months; current holdings valued at $1.049 billion by Arkham Intelligence.
New FASB rule mandates corporate holders to mark digital assets to market quarterly.
First quarter revenue reported at $19.34 billion, below analyst expectations of $21.37 billion.
TSLA shares rose over 2% in after-hours trading.