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 ...
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market ...
Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin ...
On today's episode of CNBC Crypto World, bitcoin gets a boost to $105,000 after the Fed keeps rates unchanged. Tesla reports ...
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 ...
The gain reflects a new accounting adjustment, lifting Tesla’s reported digital asset value to $1.076 billion from $184 ...
Electric vehicle manufacturer Tesla reported a $589 million gain from its Bitcoin holdings after an accounting rule change in ...
Tesla CFO Vaibhav Taneja noted that the automaker’s net income in Q4 was “impacted by a $600 million market benefit from ...
Tesla's fourth-quarter and full-year earnings day is here — a highly anticipated report that is expected to be released after ...