Tesla’s fourth-quarter net income surged due to a rule change in accounting for digital assets. The company reported a jump ...

After former Canadian Prime Minister Justin Trudeau resigned on Jan. 6, crypto bigwigs were quick to rally behind Poilievre. Tesla CEO Elon ... The same day, Bitcoin Magazine CEO David Bailey ...

In one of the prime examples ... See Also: Elon Musk’s Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule Why It Matters: Rigetti, along with the broader ...

Among the gainers were chip makers and cryptocurrency stocks, with the latter helped by bitcoin 's resurgence ... Putting Cease-Fire Back on Track Israeli Prime Minister Benjamin Netanyahu said ...

Bitcoin Treasuries tool provides over 70 public companies that hold bitcoins. Tesla was among the first companies whose decision to set a Bitcoin reserve sparked the market, boosting the BTC price in ...

Since 2021, the firm has conducted more than 30 transactions, with Coinbase Prime the center point ... SpaceX and even Elon Musk-owned Tesla Inc. are poised to see additional profit in their ...

The company also explained that it generates fiat income by leveraging its reserve of self-mined and held Bitcoin, "via yield account arrangements with leading digital asset prime brokerages ... as of ...

Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla ...

Bitcoin made up a big chunk of Tesla's profits last quarter because of an accounting rule change that allowed the automaker to report its unrealized gains on the cryptocurrency as income in its ...

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

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.