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?

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 (TSLA) has reported that it held 9,720 Bitcoin (BTC) valued at $1.07 billion at the end of last year. Invest with ...

Tesla reported a $600 million gain from its Bitcoin holdings in the fourth quarter of 2024 thanks to new accounting rules that allow companies to record the market value of the crypto on their books.

Elon Musk owns Bitcoin, Ethereum, and Dogecoin, with the DOGE being his favorite c. What else do we know about Musk’s crypto ...

Tesla profits rose 34% on a bitcoin boost last quarter following an accounting rule change. Tesla's paper gains on bitcoin accounted for nearly $600 million of its net income this quarter.

"Net income in Q4 was impacted by a $600 million mark-to-market benefit from bitcoin due to the adoption of a new accounting standard for digital assets," Tesla said. The company reported ...

I am downgrading ARKW from a buy to a hold after a 29% return due to high valuations and technical downside risks. ARKW is highly volatile, with significant exposure to Tesla and Bitcoin ...

He rates shares Buy with a $430 price target for the stock. Tesla reported earnings per share of 73 cents, helped by a one-time Bitcoin gain. Wall Street was looking for 75 cents. What’s more ...