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Tesla reports $600 million Bitcoin profit jump

Hosted on MSN · 3h

Tesla profits get $600 million Bitcoin boost thanks to crypto accounting rule change

Bitcoin has rallied over 50% since Donald Trump’s election win and is currently trading near the $106,000 mark.

NBC New York · 20h

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.

Business Insider · 9h

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 Stock Slips

Barron's · 7h

Crypto Comes to the Rescue in Tesla's Earnings

Tesla’s bottom line numbers were boosted by a $600 million one-time gain in “digital assets.” That added 20 cents a share in bottom-line earnings. Excluding that, EPS would have been closer to 55 cents,

MarketWatch · 1d

Tesla's stock tends to make big moves after earnings

Tesla's stock tends to swing wildly after earnings, having made double-digit percentage moves following each of the past four earnings reports. Those were split between losses and gains. Looking back at the past eight earnings reports,

Hosted on MSN · 8h

Tesla Stock Rallies Despite Earnings Miss

Tesla stock is moving higher despite coming up short of expectations for its fourth quarter. Here's what you need to know.

2hon MSN

Tesla reports $600 million boost to net income with updated bitcoin accounting: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin gets a boost to $105,000 after the Fed keeps rates unchanged. Tesla reports ...

Electrek3h

A quarter of Tesla’s earnings were due to recongnizing a $600 million gain on Bitcoin

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

CoinDesk1d

Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain

Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin ...

Shacknews23h

Tesla (TSLA) acknowledged a $600 million benefit from Bitcoin holdings appreciation in Q4 2024

Vaibhav Taneja acknowledged Tesla’s benefit from its Bitcoin holdings during the company’s Q4 2024 earnings call. CEO Elon ...

coinspeaker15h

Tesla’s Bitcoin Stash Value Hits $1 Billion in Q4 2024, Will It Add More BTC?

Tesla reported a substantial increase in the value of its Bitcoin holdings, surpassing $1 billion in Q4, reflecting a $600 million gain.

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 ...

Bitcoin rises as FT reports Czech central bank looks to spend billions of euros on crypto

The U.S. has not formally announced a bitcoin reserve yet. But other countries are addressing their national crypto strategies. Aleš Michl, governor of the Czech National Bank, told the Financial ...

1don MSN

EV energy tech firm Nuvve to start buying Bitcoin

Nuvve, a clean energy firm that builds EV charging stations, said it will use some of its spare cash to start buying Bitcoin.

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