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Tesla reports $600 million gain on Bitcoin holdings
Elon Musk's Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule
Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported an unrealized gain of $600 million on its cryptocurrency holdings in the fourth quarter. What happened: Tesla’s balance sheet showed $1.07 billion in digital assets,
Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain
Elon Musk's Tesla (TSLA) appeared to take advantage of a new accounting rule allowing for holdings of digital assets to be marked-to-market each
Tesla reports $600 million gain on Bitcoin holdings following new accounting rule update
Tesla’s Bitcoin holdings rose by $600 million in the fourth quarter after implementing a new accounting rule. The rule permits companies to value digital assets at market prices each quarter. According to Arkham Intelligence data,
Tesla’s Bitcoin Stash Remains Intact in Q4 2024, Adding $600M in Value
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 (TSLA) acknowledged a $600 million benefit from Bitcoin holdings appreciation in Q4 2024
Tesla’s Q4 2024 earnings call offered a deep insight to the inner workings of the world’s leading EV company over the last few months. During it, CFO Vaibhav Taneja revealed a critical piece of information about the company’s bookings: Tesla made $600 million off Bitcoin (BTC) in Q4.
AMBCrypto
4h
Elon Musk’s X Wallet gets Visa support – Impact on digital payments?
Elon Musk’s X partners with Visa, fueling speculation about crypto integration. Could Bitcoin and Dogecoin become part of X ...
Hosted on MSN
2d
Is Elon Musk Secretly Buying Bitcoin?
Is Elon Musk Secretly Buying Bitcoin? Elon Musk has been pumping Doge, or Dogecoin, for a little while now, but recently ...
Crypto News Flash
12d
Elon Musk Trolls Yellen: “Send 1 BTC, Get 2 BTC” Amid Treasury Breach
Elon Musk humorously mocked Treasury Secretary Janet Yellen with a Bitcoin joke amid allegations of Chinese hackers breaching ...
decrypt
2d
'Bitcoin Jesus' Roger Ver Begs Trump for Pardon—But DOGE Chief Elon Musk Says Nope
DOGE boss Elon Musk said that Bitcoin icon Roger Ver, who's facing tax evasion charges, won't be eligible for a Trump pardon.
Crowdfund Insider
2d
Blockchain Adoption: Elon Musk Assesses Feasibility of DLT for Federal Government Efficiency via DOGE
Elon Musk, the appointed leader of the Department of Government Efficiency (D.O.G.E), is reportedly exploring the potential ...
9d
Elon Musk, Libertarians Say Trump Will Pardon Silk Road's Ross Ulbricht, Bitcoin Climbs
Elon Musk and two prominent libertarians have said Donald Trump's team has confirmed Ross Ulbricht will be freed as early as ...
CoinDesk
6d
Dogecoin ETF Registered as Elon Musk’s D.O.G.E Gains Traction
Bitwise has registered for an ETF product tracking the world’s largest memecoin as the crypto subsector becomes more ...
9d
Elon Musk Says 'DOGE To Mars' But Memecoin Fails To Get A Liftoff Amid Department Of Government Efficiency Lawsuits
Tech mogul Elon Musk expressed optimism about his Department of Government Efficiency at Donald Trump's presidential ...
6d
Ross Ulbricht Receives 1 $BTC From Kraken, But Silk Road Founder Supposedly Has $47M Stash
Kraken donated $111,111 in Bitcoin to Ross Ulbricht to help him get on with life after spending 11 years in prison, but a ...
9d
Dogecoin traders jittery as Elon Musk’s DOGE faces possibility of lawsuit with Trump’s inauguration
Dogecoin (DOGE) rallies nearly 5% on Monday as crypto tokens gain momentum ahead of Donald Trump’s inauguration event. The ...
coinspeaker
9h
Elon Musk’s Grok Makes Shocking Revelation About XRP While this Ripple Rival Rises
RCO Finance (RCOF), an emerging AI altcoin, has positioned itself for further growth after raising over $12 million during ...
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