The tech-heavy Nasdaq Composite finished the volatile trading day down around 1.3%, dragged down by shares of Magnificent ...
Elon Musk’s company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without even adding to its stash thanks to Bitcoin’s rally past $109,000. The ...
Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that ...
The price of bitcoin is down another five percent today, as this drop is a continuation of how bitcoin has been trading in ...
Electric vehicle maker Tesla reported a $600-million gain from its Bitcoin (BTC) holdings in the fourth quarter of 2024, thanks in part to new accounting rules that allow companies to record the ...
Bitcoin (BTC) continues to dominate the cryptocurrency landscape in 2025, with its price reaching record highs. The surge in ...
Bitcoin made up a big chunk of Tesla's profits last quarter because of an accounting rule change that allowed the automaker to report its unrealized gains on the cryptocurrency as income in its ...
Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as payment on new vehicles. However, a few days later, Tesla took a step ...
Several analysts say the US economy could be in peril. Will this provide investors with reasons to buy the Bitcoin price dip?
"Net income in Q4 was impacted by a $600 million mark-to-market benefit from bitcoin due to the adoption of a new accounting standard for digital assets," Tesla said. The company reported ...
Bitcoin fared quite well in 2024 against traditional assets like bonds, gold, real estate, and the equity market as a whole.