Bitcoin has rallied over 50% since Donald Trump’s election win and is currently trading near the $106,000 mark.
Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla ...
The gain reflects a new accounting adjustment, lifting Tesla’s reported digital asset value to $1.076 billion from $184 ...
On today's episode of CNBC Crypto World, bitcoin gets a boost to $105,000 after the Fed keeps rates unchanged. Tesla reports ...
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market ...
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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.
Tesla gained $600 million in Q4 2024 by marking Bitcoin to market under new FASB rules, significantly boosting its financial performance.
Electric vehicle manufacturer Tesla reported a $589 million gain from its Bitcoin holdings after an accounting rule change in ...
A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.
Vaibhav Taneja acknowledged Tesla’s benefit from its Bitcoin holdings during the company’s Q4 2024 earnings call. CEO Elon ...