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Elon Musk's Tesla Reports Bitcoin Gain Of $589 Million
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.
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.
4d
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 ...
decrypt
3d
'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
5d
Elon Musk is bringing the blockchain to his D.O.G.E department
Looks like Elon Musk is taking blockchain to Washington via his infamous Department of Government Efficiency (D.O.G.E).
GlobalData on MSN
2d
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.
5h
Musk It: The Next Big Meme Coin with an Unmatched Connection to the Musk Legacy
Following a recent article in Fortune Magazine, Musk It has sparked speculation as the next breakout memecoin, driven by its ...
cryptopolitan
1h
Grayscale launches a new Dogecoin Trust, to be converted into ETF
Grayscale Investments launched its newest crypto product today: the Grayscale Dogecoin Trust. It’s a major step for the token that started as a joke and ended ...
Impacts
7h
7 Top Cryptos To Join for Exponential Returns: This New Viral Meme Coin Presale Shines With Its P2E Gaming
The cryptocurrency market is always buzzing with fresh trends, and meme coins are certainly part of the conversation. From ...
8h
Tesla Inc (TSLA) Q4 2024 Earnings Call Highlights: Record Deliveries and Strategic Investments
Tesla Inc (TSLA) reports record vehicle deliveries, significant investments, and plans for future growth amid challenges in ...
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