Electric vehicle maker Tesla reported a $600-million gain from its Bitcoin (BTC) holdings in the fourth quarter of 2024, ...

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 ...

Brian Mulberry, Client Portfolio Manager, Zacks Investment ManagementShares of Tesla - this year's worst-performing stock ...

Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies ...

Tesla’s digital assets have carried a value of $184 million on the company’s balance sheet since the end of 2022, but that number jumped to $1.08 billion when Elon Musk’s company reported ...

The adoption of Bitcoin as a treasury reserve asset by Tesla has proven to be a wise decision, considering the substantial ...

Tesla reported a substantial increase in the value of its Bitcoin holdings, surpassing $1 billion in Q4, reflecting a $600 million gain.

Tesla said that the $2.3 billion it reported in net income included $600 million from mark-to-market gains on the digital assets, like cryptocurrencies, that it held. The company's balance sheet also ...

Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin ...

New accounting rules shed some light on the profitability of electric vehicle manufacturer Tesla's Bitcoin (BTC) investment.