Elon Musk’s Tesla Clocks Surprising $600 Million Bitcoin Gain In Q4 Thanks To New Accounting Rule
January 30 2025 - 12:44PM
ZyCrypto
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Elon Musk’s electric car manufacturer, Tesla, reported a $600
million net paper gain on its Bitcoin holdings in the fourth
quarter of 2024 after taking advantage of a new accounting rule
that allows companies to value digital assets at current market
prices each quarter. Tesla’s Net Income Boosted By $600 Million
Bitcoin Gains Tesla’s fourth-quarter […] ...
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$600 Million Bitcoin Gain In Q4 Thanks To New Accounting
Rule
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Elon Musk’s Tesla Clocks Surprising $600 Million
Bitcoin Gain In Q4 Thanks To New Accounting Rule appeared first
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