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 ...

Elon Musk’s company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without ...

Tesla’s latest SEC filing confirms it still holds 11,509 BTC, valued at $1.1 billion, but has not increased its Bitcoin ...

Lummis, a Republican senator from Wyoming, last year introduced The Bitcoin Act to Congress, calling for the creation of a ...

Elon Musk has a history of stirring up strong reactions. He has personally caused big swings in the cryptocurrency and stock ...

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 ...

Bitcoin’s realized market cap hits $857B, and with rising long-term holders, the cryptocurrency shows potential for gains.

Bitcoin fared quite well in 2024 against traditional assets like bonds, gold, real estate, and the equity market as a whole.