Elon 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 ...

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 ...

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 ...

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

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.

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

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

Carrying value of Tesla's bitcoin holdings increase by $896 million in Q4. But TSLA wasn't on a BTC buying spree in the fourth quarter.