Bitcoin has rallied over 50% since Donald Trump’s election win and is currently trading near the $106,000 mark.

Electric vehicle maker Tesla reported a $600-million gain from its Bitcoin (BTC) holdings in the fourth quarter of 2024, ...

Brian Mulberry, Client Portfolio Manager, Zacks Investment ManagementShares of Tesla - this year's worst-performing stock ...

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 ...

Tesla’s Robotaxi service is seen as a key driver of future growth. “We believe the Robotaxi provides a huge opportunity to ...

Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies ...

The adoption of Bitcoin as a treasury reserve asset by Tesla has proven to be a wise decision, considering the substantial ...

Tesla said that the $2.3 billion it reported in net income included $600 million from mark-to-market gains on the digital assets, like cryptocurrencies, that it held. The company's balance sheet also ...

Tesla reported a substantial increase in the value of its Bitcoin holdings, surpassing $1 billion in Q4, reflecting a $600 million gain.

Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin ...

New accounting rules shed some light on the profitability of electric vehicle manufacturer Tesla's Bitcoin (BTC) investment.

Tesla’s digital assets have carried a value of $184 million on the company’s balance sheet since the end of 2022, but that number jumped to $1.08 billion when Elon Musk’s company reported ...