Tesla reports $600M Bitcoin gain in Q4 using new accounting rule
Tesla has used a new crypto accounting rule to book a nearly $600 million net gain on its Bitcoin holdings in the fourth quarter of 2024.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Tesla has used a new crypto accounting rule to book a nearly $600 million net gain on its Bitcoin holdings in the fourth quarter of 2024.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Eric Trump’s American Bitcoin has pledged nearly 40% of its Bitcoin to buy mining equipment
American Bitcoin ended June with 8,002 BTC. Nearly two-fifths of that total, or 3,090 BTC, had been pledged to Bitmain for mining...
Coldcard’s $130 million crisis is pushing Bitcoin back into Wall Street’s hands
The Coldcard hardware wallet exploit has resulted in the theft of at least 1,596 BTC from about 7,300 addresses as users continue...
FBI Agent Accused of $1 Million Crypto Theft From ‘Adversarial Nation’
Bitcoin Magazine FBI Agent Accused of $1 Million Crypto Theft From ‘Adversarial Nation’ A Federal Bureau of Investigation agent al...
Nearly $32 Million in ‘Dormant’ Bitcoin Moves After Coldcard Hack Reaches Estimated $130M
Bitcoin Magazine Nearly $32 Million in ‘Dormant’ Bitcoin Moves After Coldcard Hack Reaches Estimated $130M The whales are on the m...
POAP Winds Down After Five Years and Nearly 7.6 Million Onchain Badges
POAP, the Proof of Attendance Protocol, is shutting down after more than five years, co-founder Isabel Gonzalez said Monday. The p...
Galaxy Research Puts Confirmed Coldcard Losses Above $100 Million as a Suspected Fourth Wave Nears $130 Million
Confirmed losses from the Coldcard hardware wallet exploit have crossed $100 million, with Galaxy Research saying Monday it has hi...