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 ...
Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that ...
Tesla gained $600 million in Q4 2024 by marking Bitcoin to market under new FASB rules, significantly boosting its financial performance.
02/10 update: Paolo Ardoino, the chief executive of the $141 billion USDT stablecoin issuer Tether, has warned quantum ...
With new accounting rules in place, corporate Bitcoin holders like Tesla have more pathways for using BTC as collateral ...
Electric vehicle maker %Tesla (NASDAQ: $TSLA) has reported that it held 9,720 %Bitcoin (CRYPTO: $BTC) valued at $1.07 billion U.S. at the end of 2024. The Bitcoin ...
Palantir Technologies (PLTR) is the top-performing stock in the S&P 500 to start 2025, soaring 50% so far this year. But the ...
Adrian Zmudzinski is a cryptocurrency journalist with over 4,000 articles under his belt. His bylines include Cointelegraph, Benzinga, Crypto.News, and BeInCrypto. We uphold a strict editorial ...
Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin holdings was for GAAP purposes and would have had no effect on adjusted EPS.
Tesla has not increased its Bitcoin holdings but instead reported a $600 million gain from its existing 11,509 BTC in the fourth quarter 2024, according to its latest Securities and Exchange ...