4 days ago · Overall, Tesla reported a GAAP income of $2.3 billion in the fourth quarter, boosted by the $600 million from its Bitcoin holdings. Tesla saw its fourth-quarter earnings and profit miss Wall ...

4 days ago · In Q4 2024, Tesla’s Bitcoin holdings were valued at $1.076 billion, up from just $184 million in previous quarters after the rule change. ... This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

3 days ago · Jan 31- The Financial Accounting Standards Board (FASB) rule change related to digital assets resulted in Tesla (TSLA, Financial) recording $600 million extra in net income during Q4 2024. Under ...

4 days ago · Tesla's paper gains on bitcoin accounted for nearly $600 million of its net income this quarter. The carrying value of Tesla's bitcoin stash surged from under $200 million to just over $1 billion.

3 days ago · If it wasn’t for Bitcoin, Tesla’s net income would be down 78% in Q4 2024 compared to Q4 2023. ... You’re reading Electrek— experts who break news about Tesla, electric vehicles, and green ...

4 days ago · Tesla has announced a $600 million paper gain from its Bitcoin holdings in the fourth quarter of 2024, attributed to new accounting regulations. ... many technology stocks sold off sharply on news ...

4 days ago · At the end of the third quarter, Tesla's bitcoin holdings were recorded at a carrying value of $184 million, though their fair market value was significantly higher at $729 million.

Oct 21, 2024 · Blockchain analytics firm Arkham Intelligence reported that Tesla recently moved about $765 million worth of Bitcoin to unidentified wallets. This massive transfer has sparked a flurry of...

4 days ago · Tesla, however, did not disclose its Bitcoin holdings in its Q4 2024 report, referring only to a $600 million mark-to-market gain on “digital assets.” Its gain reflects an accounting adjustment under new reporting rules, which raised Tesla’s reported digital asset value to $1.076 billion from $184 million—the previously impaired value ...

Oct 15, 2024 · Bitcoin Treasuries reports that Tesla is the company with the fourth largest Bitcoin holding with 9,720 Bitcoins – even ahead of Coinbase. Now, over the last few hours, Tesla has moved nearly all...