Tesla did not increase its Bitcoin holdings but reports $600 million Q4 gains
Tesla’s latest SEC filing confirms it still holds 11,509 BTC, valued at $1.1 billion, but has not increased its Bitcoin ...
blockonomi1d
$1 Billion in Bitcoin: Tesla (TSLA) Reports $600 Million Bitcoin Gain Under New Accounting Rules
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 ...
AOL13d
Bitcoin boosts Tesla profits by almost $600 million after accounting rule change
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.
NBC DFW13d
Tesla reports $600 million bitcoin profit jump after digital assets rule change
"Net income in Q4 was impacted by a $600 million mark-to-market benefit from bitcoin due to the adoption of a new accounting standard for digital assets," Tesla said. The company reported ...
CoinTelegraph13d
Tesla reports $600M Bitcoin gain in Q4 using new accounting rule
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.
ReadWrite13d
Tesla sees $600M Bitcoin gains in Q4
Adrian Zmudzinski is a cryptocurrency journalist with over 4,000 articles under his belt. His bylines include Cointelegraph, Benzinga, Crypto.News, and BeInCrypto. We uphold a strict editorial ...