Electrek2d
A quarter of Tesla’s earnings were due to recognizing a $600 million gain on Bitcoin
Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla ...
CoinDesk4d
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 ...
Shacknews4d
Tesla (TSLA) acknowledged a $600 million benefit from Bitcoin holdings appreciation in Q4 2024
Vaibhav Taneja acknowledged Tesla’s benefit from its Bitcoin holdings during the company’s Q4 2024 earnings call. CEO Elon ...
‘This Needs To Stop Now’—Elon Musk Confirms Radical Doge U.S. Treasury Plan
Elon Musk has confirmed he wants to put the U.S. Treasury on a blockchain, the technology that underpins bitcoin and other ...
Bitcoin makes a financial cameo
Tesla CFO Vaibhav Taneja noted that the automaker’s net income in Q4 was “impacted by a $600 million market benefit from ...
Bitcoin rises as FT reports Czech central bank looks to spend billions of euros on crypto
The U.S. has not formally announced a bitcoin reserve yet. But other countries are addressing their national crypto strategies. Aleš Michl, governor of the Czech National Bank, told the Financial ...
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 ...
EV energy tech firm Nuvve to start buying Bitcoin
Nuvve, a clean energy firm that builds EV charging stations, said it will use some of its spare cash to start buying Bitcoin.