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 ...
New analysis shows bitcoin has crossed the threshold that Elon Musk has said would lead his electric vehicle company Tesla to resume accepting the cryptocurrency as payment. Specifically ...
Bitcoin jumps again after Tesla CEO Elon Musk says the company will now accept the world’s largest digital currency as payment for its electric vehicles. The price of Bitcoin rallied again on ...
Today, we have these first principles in Bitcoin mining — expressed by Tesla, in his own words: “But now, what is the next phase in this evolution? Not peace as yet, by any means. The next change ...
Tesla later announced it sold $272 million in Bitcoin in the first quarter of 2021. Tesla also sold 75% of its remaining Bitcoin holdings in July 2022, noting a cash contribution of $936 million ...
As a Tesla shareholder, Portnoy expressed he is ‘entitled to ask’ in response to Tesla’s stock being down the past month.
The recent drop in the price of Bitcoin can be attributed to two main factors ... Second, floundering stocks have been a ...
After announcing plans to accept bitcoin as a payment method for its electric vehicles through a U.S. Securities and Exchange Commission (SEC) filing in February, Tesla has now officially added the ...
The tech-heavy Nasdaq Composite finished the volatile trading day down around 1.3%, dragged down by shares of Magnificent ...
Tesla profits rose 34% on a bitcoin boost last quarter following an accounting rule change. Tesla's paper gains on bitcoin accounted for nearly $600 million of its net income this quarter.
The S&P 500 declined on Monday, continuing February's losses as the approaching deadline for Trump's tariff policies ...