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 ...

Previously, accounting practices required companies to use the Bitcoin cost until selling ... This financial gain adds diversity to Tesla’s revenue sources. The change in accounting rules ...

A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.

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 ...

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 ...