Tesla’s bitcoin stash is now worth $1.2 billion as the cryptocurrency’s price rose 30% in Q2. The company holds 11,509 BTC, making it the tenth largest publicly traded company with crypto on its balance sheet. The FASB rule change allows fair market value reporting, giving a clearer view of asset performance.

Tesla’s revenue hit $22.5 billion, beating analyst estimates, with earnings-per-share at $0.40, matching expectations. Shares of TSLA are up 0.71% in post-market trading at $331.56.

Read more at Yahoo Finance: Tesla’s Bitcoin Holdings Now Worth $1.2B After 30% BTC Price Rally in Q2