Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that ...

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

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

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

Bitcoin has rallied over 50% since Donald Trump’s election win and is currently trading near the $106,000 mark.

A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.

Tesla’s foray into digital assets began in January 2021 when it acquired $1.5 billion worth of Bitcoin, sparking both praise and criticism from the investment community. Although the company ...

Tesla said its digital asset holdings were now valued at $1.076 billion A wallet linked to the EV maker by Arkham shows that Tesla holds over 11,500 $BTC worth some ...

Tesla had been carrying its bitcoin hoard on its balance sheet at $184 million but marked it up to $1.076 billion last quarter. The fair market value of its digital assets was $729 million at the ...

Tesla originally purchased $1.5 billion worth of Bitcoin in early 2021, acquiring 39,474 BTC at an average price of $38,000 per coin. However, the company sold more than 70% of its holdings in 2022.

Tesla initially bought $1.5 billion of Bitcoin in 2021. Musk, a famous fan of the memecoin Dogecoin, predicted the investment would help the company maximize returns on cash and help it accept ...

The carrying value of Tesla's bitcoin stash surged from under $200 million to just over $1 billion. Bitcoin made up a big chunk of Tesla's profits last quarter due to an accounting rule change ...