Tesla’s latest SEC filing confirms it still holds 11,509 BTC, valued at $1.1 billion, but has not increased its Bitcoin ...
Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that allow fair market value reporting ...
Elon Musk’s company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without ...
Bitcoin has rallied over 50% since Donald Trump’s election win and is currently trading near the $106,000 mark.
Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies as net income.
Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla ...
A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market ...
Tesla has announced a $600 million paper gain from its Bitcoin holdings in the fourth quarter of 2024, attributed to new ...
The carrying value of Tesla's bitcoin stash surged from under $200 million to just over $1 billion. Bitcoin made up a big chunk of Tesla's profits last quarter because of an accounting rule change ...
Tesla initially bought $1.5 billion of Bitcoin in 2021. Musk, a famous fan of the memecoin Dogecoin, predicted the investment would help the company maximize returns on cash and help it accept ...