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Hosted on MSNTesla made $600 million in Bitcoin profits during Q4 of 2024Elon Musk’s company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without ...
Tesla’s latest SEC filing confirms it still holds 11,509 BTC, valued at $1.1 billion, but has not increased its Bitcoin ...
Electric vehicle maker Tesla reported a $600-million gain from its Bitcoin (BTC) holdings in the fourth quarter of 2024, ...
Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla ...
Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that allow fair market value reporting ...
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market ...
Today, we have these first principles in Bitcoin mining — expressed by Tesla, in his own words: “But now, what is the next phase in this evolution? Not peace as yet, by any means. The next change ...
Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin ...
New analysis shows bitcoin has crossed the threshold that Elon Musk has said would lead his electric vehicle company Tesla to resume accepting the cryptocurrency as payment. Specifically ...
Vaibhav Taneja acknowledged Tesla’s benefit from its Bitcoin holdings during the company’s Q4 2024 earnings call. CEO Elon ...
Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies ...
The Bitcoin Magazine Policy Team invites Tesla and Elon Musk to reconsider their stance on the environmental impact of bitcoin. In February 2021, Tesla became an industry leader in Bitcoin by ...
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