Tesla and Alphabet Earnings Reports Set to Spark Crypto Market Volatility

Tesla and Alphabet's earnings reports on July 22 will be closely watched by investors and crypto markets. Tesla holds 11,509 BTC, currently valued between $745 million and $895 million.

The company generated unrealized losses of between $173 million and $222 million in Q1 2026 due to its Bitcoin position. Under current FASB fair-value rules, companies must mark their crypto positions to market each reporting period.

Alphabet's AI investments are also under scrutiny, with the company spending $180 billion to $190 billion on capital expenditures this year. The funds will be used for AI model development and expanding cloud infrastructure.