Tesla released its Q2 2026 earnings report, which included disclosure that the company did not sell any of its $825 million Bitcoin holdings during the quarter. This matters because Tesla's cryptocurrency holdings are a material asset class tracked by investors — the decision not to sell during a period when the company faced an operating profit decline suggests the company views Bitcoin as a long-term strategic holding rather than a liquidity source. Tesla's full Q2 earnings also showed record revenue of $28.2B but a significant profit miss due to a 57% operating profit decline and regulatory credit collapse.