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Hosted on MSNTesla made $600 million in Bitcoin profits during Q4 of 2024Elon 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 ...
Electric vehicle maker Tesla reported a $600-million gain from its Bitcoin (BTC) holdings in the fourth quarter of 2024, ...
A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market ...
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. Vaibhav Taneja acknowledged Tesla’s ...
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.
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 ...
"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 ...
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