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Elon Musk's Tesla Reports Bitcoin Gain Of $589 Million

Hosted on MSN · 1d

Elon Musk's Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule

Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported an unrealized gain of $600 million on its cryptocurrency holdings in the fourth quarter. What happened: Tesla’s balance sheet showed $1.07 billion in digital assets,

Business Insider · 18h

Bitcoin boosts Tesla profits by almost $600 million after accounting rule change

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.

Inside Bitcoins · 23h

Elon Musk’s Tesla Reports Bitcoin Gain Of $589 Million Following US Accounting Rule Change

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

Bloomberg on MSN · 1d

Tesla Books $600 Million Boost From Bitcoin After Accounting Change

Tesla Inc.’s holdings of Bitcoin gave its latest quarterly results a boost, courtesy of new accounting rules for digital assets.

NBC New York · 1d

Tesla reports $600 million bitcoin profit jump after digital assets rule change

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

4d

Leak Reveals Musk’s Doge Could Be About To Trigger A Bitcoin-Inspired Price Game-Changer

A leak has revealed Elon Musk could be planning to use bitcoin-inspired blockchain technology to power his Doge ...

18hon MSN

Inside Trump's crypto court: Elon Musk, Sam Altman, Peter Thiel and their battle for Bitcoin domination

Donald Trump will be the first president to fully embrace digital currencies — and he’s already anointed his crypto princes ...

The Tesla Space on MSN3d

Is Elon Musk Secretly Buying Bitcoin?

Is Elon Musk Secretly Buying Bitcoin? Elon Musk has been pumping Doge, or Dogecoin, for a little while now, but recently ...

Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain

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

'Bitcoin Jesus' Roger Ver Begs Trump for Pardon—But DOGE Chief Elon Musk Says Nope

DOGE boss Elon Musk said that Bitcoin icon Roger Ver, who's facing tax evasion charges, won't be eligible for a Trump pardon.

Cryptopolitan on MSN13d

Elon Musk mocks Yellen for getting hacked, says email likely mentioned Bitcoin

Elon Musk has turned the U.S. Treasury Department’s cybersecurity disaster into his latest roast material. Following news ...

16h

Tesla earnings live updates: Promising ‘return to growth’ and cheaper cars

Tesla's fourth-quarter and full-year earnings day is here — a highly anticipated report that is expected to be released after ...

7 Top Cryptos To Join for Exponential Returns: This New Viral Meme Coin Presale Shines With Its P2E Gaming

The cryptocurrency market is always buzzing with fresh trends, and meme coins are certainly part of the conversation. From ...

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