Tesla’s latest SEC filing confirms it still holds 11,509 BTC, valued at $1.1 billion, but has not increased its Bitcoin ...
Bitcoin has rallied over 50% since Donald Trump’s election win and is currently trading near the $106,000 mark.
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 ...
With new accounting rules in place, corporate Bitcoin holders like Tesla have more pathways for using BTC as collateral ...
Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin ...
Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as payment on new vehicles. However, a few days later, Tesla took a step ...
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market ...
Tesla earlier this week reported a $600 million profit associated with its bitcoin holdings, which accounted for a little more than a quarter of its fourth-quarter profits. The company was able to ...
Tesla profits rose 34% on a bitcoin boost last quarter following an accounting rule change. Tesla's paper gains on bitcoin accounted for nearly $600 million of its net income this quarter.
Tesla continues to hold a substantial amount of Bitcoin, reaffirming its position as one of the largest corporate holders of the cryptocurrency. In its latest shareholder update for the fourth ...
The price of Bitcoin and Tesla shares have both soared since President Donald Trump’s election win in November. Meanwhile, thanks to an accounting rule change, the digital currency’s rise has ...