Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that ...
Bitcoin has rallied over 50% since Donald Trump’s election win and is currently trading near the $106,000 mark.
Tesla’s Bitcoin holdings surged in value, climbing from a carrying value of $184 million to a fair market value of $1.08 billion. The company is ...
Tesla reported a substantial increase in the value of its Bitcoin holdings, surpassing $1 billion in Q4, reflecting a $600 million gain.
Bitcoin’s realized market cap hits $857B, and with rising long-term holders, the cryptocurrency shows potential for gains.
Electric vehicle manufacturer Tesla reported a $589 million gain from its Bitcoin holdings after an accounting rule change in the US.
rules that allow companies to report digital assets at fair market value rather than their lowest historical price. Tesla originally purchased $1.5 billion worth of Bitcoin in early 2021 ...
“If we benchmark from the cycle low set in Nov 2022, when the Realised Cap was $400B, Bitcoin has since absorbed an ...
Tesla's market capitalization is currently around $1.03 trillion, firmly placing it in the large-cap public companies category. Several factors have recently influenced TSLA's stock price.
a significant sum given the volatility of the cryptocurrency market. Despite fluctuations in the value of Bitcoin, Tesla has opted to retain its investment in the digital asset, signaling its long ...
If assessed at fair market value, Tesla’s crypto holdings would have been recorded as worth $487 million at beginning of 2024, not the “cost-less-impairment” number of $184 million. Bitcoin ...