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Tesla, Bitcoin and Q4
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 (TSLA) acknowledged a $600 million benefit from Bitcoin holdings appreciation in Q4 2024
Vaibhav Taneja acknowledged Tesla’s benefit from its Bitcoin holdings during the company’s Q4 2024 earnings call. CEO Elon Musk is a known proponent of cryptocurrency, so it doesn’t come as a shock that Tesla was holding on to a large chunk of Bitcoin.
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 quarter. The company's fourth quarter earnings report shows its 9,
6h
Tesla (TSLA) Owns $1 Billion Worth of Bitcoin
Electric vehicle maker Tesla (TSLA) has reported that it held 9,720 Bitcoin (BTC) valued at $1.07 billion at the end of last year. Invest with ...
3d
on MSN
Ross Gerber Says X Account Hacked To Promote Tesla Scam Coin: Renowned Investor Says, 'Possible It Was An Inside Job'
Veteran investor Ross Gerber revealed on Sunday that his X account was hacked by “sophisticated” cryptocurrency scammers to ...
7d
Why Dogecoin Is Sinking Today
Dogecoin (CRYPTO: DOGE) is seeing a valuation pullback in Wednesday's trading. The cryptocurrency's token price was down 6.3% ...
Tempo
6d
Top 10 Corporations with the Largest Bitcoin Holders
As trader, the rise of corporations with largest Bitcoin holder is a trend worth monitoring as it reshapes boundaries of ...
Taiwan News
9d
Crypto Dawn: A Thrilling Journey into the Future of Cryptocurrency with 1 BTC & Tesla as Rewards
Crypto Dawn: A Thrilling Journey into the Future of
Cryptocurrency
with 1 BTC &
Tesla
as Rewards Joan Han, Sales and ...
12d
on MSN
Trump Returns to the White House Next Week. How Are Investors Preparing?
Markets were buoyant on Friday, the last trading day before Donald Trump’s inauguration on Monday, but there were some signs ...
8d
Tesla leads the pack of Wall Street winners since Trump's re-election
Following Donald Trump’s re-election, several stocks have shown notable gains, driven by investor optimism around anticipated ...
3h
Dow Jones Futures Rise Amid Tesla Robotaxi Target, Earnings Movers
BitMEX co-founder Arthur Hayes forecasts a significant correction in Bitcoin’s (CRYPO: BTC) price to $70,000-$75,000, ...
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