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Elon Musk's Tesla Reports Bitcoin Gain Of $589 Million
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,
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.
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 holdings was for GAAP purposes and would have had no effect on adjusted EPS. Shares are higher by 3.5% in after hours trading.
3d
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 ...
28m
on MSN
‘This guy is our Einstein’: Jamie Dimon says he and Elon Musk ‘hugged it out’ after dropping $162M Tesla lawsuit — vows to support the billionaire as much as he can ...
Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular distributions without lifting a finger. Here’s how; Car insurance pre ...
Shacknews
13h
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 ...
decrypt
2d
'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 MSN
12d
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 ...
GlobalData on MSN
1d
Elon Musk’s X strikes alliance with Visa to launch digital wallet
The X Money service is expected to launch in the first quarter, with Visa being the first partner for X Money accounts.
InvestmentNews
8h
Trump in Schwab tie-up for $250m financial services offering
The investment strategy of Truth.Fi will be guided by financial services firm Charles Schwab, which will oversee asset ...
1d
Should You Buy Dogecoin While It's Under $1?
Dogecoin currently trades at just $0.35 per token, but with a series of potential tailwinds in the pipeline, could now be a ...
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