Why A New Rule Helped Tesla Get $600M in Bitcoin Gains But May Cost MicroStrategy Billions
Key Takeaways Tesla earlier this week reported a $600 million profit associated with its bitcoin holdings, which accounted ...
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 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 ...
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.
The Tesla Space on MSN2d
Tesla Just Bought 1.5 Billion USD Worth Of Bitcoin!
Following an exchange on Twitter between Elon Musk and Michael Saylor, Tesla bought $1.5 Billion or 10% of their treasury reserve. Will this cause more companies in the S&P 500 to buy bitcoin?