Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that ...
Tesla’s Bitcoin holdings surged in value, climbing from a carrying value of $184 million to a fair market value of $1.08 billion. The company is ...
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market ...
Tesla Inc (NASDAQ: TSLA) attributed a significant increase in its quarterly net earnings last night to its bitcoin holdings. The company recorded $1.08 billion as the carrying value of its bitcoin ...
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 ...
A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.
Full-year total revenue was $97.7 billion, up 1% year-over-year. Tesla ended the quarter with $1.07 billion in digital assets, which includes the company's Bitcoin BTC/USD holdings. The company ...
The company reported disappointing earnings and sales as auto revenue dropped by 8% from a year earlier. Tesla's bitcoin holdings led to a big pop in reported net income for the fourth quarter ...