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Bitcoin boosts Tesla profits by almost $600 million
Tesla Books $600 Million Boost From Bitcoin After Accounting Change
Tesla Inc.’s holdings of Bitcoin gave its latest quarterly results a boost, courtesy of new accounting rules for digital assets.
Bitcoin boosts Tesla profits by almost $600 million after accounting rule change
Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies as net income.
Tesla reports $600 million bitcoin profit jump after digital assets rule change
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.
Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain
Elon Musk's Tesla (TSLA) appeared to take advantage of a new accounting rule allowing for holdings of digital assets to be marked-to-market each quarter. The company's fourth quarter earnings report shows its 9,
Tesla (TSLA) Owns $1 Billion Worth of Bitcoin
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
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.
Czech Central Bank Chief Mulls Bitcoin
Czech central bank chief wants the country to buy billions of dollars in Bitcoin as he claims Trump ‘guys’ have created a bubble
Czech National Bank (CNB) governor Aleš Michl admitted any investment in Bitcoin could turn into an Enron and become worthless.
Czech central bank to consider holding bitcoin as reserve asset
The Czech National Bank will consider holding billions of dollars worth of bitcoin in its reserves, Governor Ales Michl said on Wednesday, potentially the first shift into the cryptocurrency by a western central bank if it went ahead.
Czech Central Bank Governor to Present Plan to Hold Reserves in Bitcoin, FT Reports
Michl said he will present the plan to the board on Thursday, and if approved, the bank could eventually hold as much as 5% of its 140 billion euro ($146.13 billion) reserves in bitcoin, according to the FT.
21m
Lagarde erwartet keine Bitcoin-Reserven bei Notenbanken der EU
Laut Christine Lagarde, Präsidentin der Europäischen Zentralbank, ist es unwahrscheinlich, dass ein Land der Europäischen ...
7h
Bitcoin 'leaving crypto in the dust' in 2025 despite altseason calls
Bitcoin’s market dominance is fueled by strong ETF inflows, political backing, and Ethereum’s continued underperformance.
The Daily Hodl
8h
Money in Bitcoin Unlikely To Flow Into Altcoins, According to Veteran Trader – Here’s Why
A top crypto strategist says money invested in Bitcoin (BTC) is unlikely to rotate into the altcoin market at levels seen in ...
54m
Bonos de El Salvador repuntan tras aprobación de reforma de Ley Bitcóin
Los bonos en dólares de El Salvador registraban el jueves las mayores alzas de los mercados emergentes después de que la ...
17h
Trump, Bitcoin, And National Currency: Key Insights For Investors & Policymakers
Explore Trump’s crypto policy, Bitcoin as national currency, and its risks, regulations, public trust concerns, and impact on ...
23h
Bitcoin Market Projection for 2025
Price outlookOur analysis for 2025 forecasts bitcoin reaching a target of $150,000 in the first half of the year. However, an ...
2h
Reversal of SAB 121 will let banks ‘take loans’ against Bitcoin — BitLab Director
Reversal of SAB 121 allows banks to offer Bitcoin-backed loans, making it easier for holders to access capital without selling their assets, says BitLab Director Kelly Kellam.
15h
Lawmakers in El Salvador rush new bitcoin reform after IMF deal
El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its ...
9h
on MSN
Bitcoin Extends Advance After Fed Meeting, Powell Commentary
Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and ...
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