Bitcoin boosts Tesla profits by almost $600 million after accounting rule change
Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies ...
Tesla reports $600 million bitcoin profit jump after digital assets rule change
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market ...
CoinDesk2d
Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain
Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin ...
Shacknews2d
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 ...
Bitcoin makes a financial cameo
Tesla CFO Vaibhav Taneja noted that the automaker’s net income in Q4 was “impacted by a $600 million market benefit from ...
Tesla: Once Again, It's Time To Trim (Double Rating Downgrade)
Tesla appears overvalued again and recommend trimming TSLA due to overly optimistic projections around future products. Click ...
Cryptopolitan on MSN4h
Wall Street going open 24/7 is bad news for Bitcoin and the US economy
Wall Street is rewriting the rules, and not everyone’s excited. Plans are reportedly underway to stretch stock market hours ...
Grayscale launches dogecoin-focused fund as altcoin adoption picks up pace
The Grayscale Dogecoin Trust will offer investors an opportunity to gain exposure to a token that the company believes has "transitioned from a memecoin... to a tool for global financial inclusion and ...