Key Takeaways Tesla earlier this week reported a $600 million profit associated with its bitcoin holdings, which accounted ...

Bitcoin has rallied over 50% since Donald Trump’s election win and is currently trading near the $106,000 mark.

Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla ...

Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin ...

A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market ...

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.

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

Vaibhav Taneja acknowledged Tesla’s benefit from its Bitcoin holdings during the company’s Q4 2024 earnings call. CEO Elon ...

Electric vehicle manufacturer Tesla reported a $589 million gain from its Bitcoin holdings after an accounting rule change in ...

The gain reflects a new accounting adjustment, lifting Tesla’s reported digital asset value to $1.076 billion from $184 ...

Tesla revealed that it has not sold any of its Bitcoins in Q4, 2024, and holds approximately 9,720 Bitcoins, valued at around ...

Tesla CFO Vaibhav Taneja noted that the automaker’s net income in Q4 was “impacted by a $600 million market benefit from ...