Bitcoin (BTC) continues to dominate the cryptocurrency landscape in 2025, with its price reaching record highs. The surge in ...
Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that ...
With new accounting rules in place, corporate Bitcoin holders like Tesla have more pathways for using BTC as collateral ...
Crypto on The Street on MSN13d
Tesla did not increase its Bitcoin holdings but reports $600 million Q4 gainsTesla’s latest SEC filing confirms it still holds 11,509 BTC, valued at $1.1 billion, but has not increased its Bitcoin holdings.
Tesla drivers can now earn crypto rewards for sustainable charging through VeChain’s EVearn program, which integrates Tesla’s ...
Bitcoin fared quite well in 2024 against traditional assets like bonds, gold, real estate, and the equity market as a whole.
Tesla reported a $600 million gain from its Bitcoin holdings in the fourth quarter of 2024 thanks to new accounting rules that allow companies to record the market value of the crypto on their books.
Viking Global Investors' billionaire chief kicked Tesla to the curb in the December-ended quarter in favor of an ...
Bitcoin made up a big chunk of Tesla's profits last quarter because of an accounting rule change that allowed the automaker to report its unrealized gains on the cryptocurrency as income in its ...
Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin holdings was for GAAP purposes and would have had no effect on adjusted EPS.
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