PANews reported on January 29th that, according to CoinDesk, Tesla's fourth-quarter earnings report showed that its Bitcoin holdings remained unchanged at 11,509. Due to the decline in Bitcoin's price from approximately $114,000 to $88,000 in the last three months of last year, the company recorded an after-tax impairment loss of approximately $239 million on digital assets. The company's fourth-quarter revenue was $24.9 billion, slightly below the expected $25.1 billion; adjusted earnings per share were $0.50, exceeding the expected $0.45.

Tesla first disclosed holding 43,200 bitcoins in February 2021, and subsequently sold approximately 75% of its holdings near the bottom of the 2022 bear market. Its bitcoin holdings have remained relatively stable since then. The current holdings are worth approximately $1 billion (based on the current bitcoin price of $89,000).