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Tesla Books $600 Million Boost From Bitcoin
A quarter of Tesla’s earnings were due to recongnizing a $600 million gain on Bitcoin
Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla
Tesla got a $600 million boost from from a Bitcoin accounting change
This story incorporates reporting from NBC New York, Bloomberg on MSN.com and https//beincrypto.com.Tesla recently reported a $600 million profit from its Bitcoin holdings. The gain is attributed to a change in digital asset accounting rules.
Tesla’s Bitcoin Holdings Boost Q4 Earnings by $600 Million With New Accounting Rule
Tesla gained $600 million in Q4 2024 by marking Bitcoin to market under new FASB rules, significantly boosting its financial performance.
8h
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 as net income.
20h
on MSN
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 ...
Shacknews
23h
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 ...
17h
Don't Get Caught by a Deepfake Scam
CR shows you how to avoid falling for deepfake scams, which use AI-manipulated images of celebrities in phony sales pitches.
8d
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
7d
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 ...
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