Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that allow fair market value reporting ...

Elon Musk’s company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without ...

Tesla’s latest SEC filing confirms it still holds 11,509 BTC, valued at $1.1 billion, but has not increased its Bitcoin ...

With new accounting rules in place, corporate Bitcoin holders like Tesla have more pathways for using BTC as collateral ...

The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.

The US accounting standard-setter told its staff to write up a final plan based on its proposal giving clarity to companies that offer customers certain share-based financial incentives.

President Donald Trump's return is seen as a positive by experts across the cryptocurrency industry. Accountants' predictions ...

Key Takeaways Tesla earlier this week reported a $600 million profit associated with its bitcoin holdings, which accounted ...

Tesla has reported a $600 million boost in its latest quarterly results, thanks to a recent change in accounting rules for digital assets.

Apple Inc., Salesforce Inc., and Big Four accounting firms generally endorsed a plan to better align financial reporting with ...

Electric vehicle manufacturer Tesla reported a $589 million gain from its Bitcoin holdings after an accounting rule change in ...

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