Dan Levy, Barclays U.S. autos and mobility analyst, joins 'Money Movers' to discuss if Tesla's stock is a proxy for bitcoin, ...
Investors entered the New Year cheerful about the prospects of a business- and crypto-friendly Trump administration. Yet two ...
Bitcoin (BTC) continues to dominate the cryptocurrency landscape in 2025, with its price reaching record highs. The surge 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 ...
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 ...
The so-called 'Trump Trade' is faltering as Bitcoin, Tesla, and the US dollar experience sharp declines. Economic concerns are rising.
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 ...
"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 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 ...
The price of bitcoin is down another five percent today, as this drop is a continuation of how bitcoin has been trading in ...
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