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Elon Musk's Tesla Reports Bitcoin Gain Of $589 Million

Bitcoin boosts Tesla profits by almost $600 million after accounting rule change

Elon Musk's EV maker invested $1.5 billion in bitcoin in early 2021. Companies can now record paper gains on cryptocurrencies as net income.

Hosted on MSN · 1d

Elon Musk's Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule

Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported an unrealized gain of $600 million on its cryptocurrency holdings in the fourth quarter. What happened: Tesla’s balance sheet showed $1.07 billion in digital assets,

Inside Bitcoins · 1d

Elon Musk’s Tesla Reports Bitcoin Gain Of $589 Million Following US Accounting Rule Change

Electric vehicle manufacturer Tesla reported a $589 million gain from its Bitcoin holdings after an accounting rule change in the US.

Musk, blockchain

Cryptopolitan on MSN · 5d

Elon Musk is bringing the blockchain to his D.O.G.E department

Looks like Elon Musk is taking blockchain to Washington via his infamous Department of Government Efficiency (D.O.G.E). According to a Jan. 25 report by

Business Insider · 1d

Elon Musk Explores D.O.G.E. Blockchain Plan to Fight Government Waste

Elon Musk, always one to think outside the box, is reportedly considering blockchain technology to curb wasteful government spending and combat

Hosted on MSN · 1d

Elon Musk Plans to Take Over GSA Next—With Disturbing Plan of Action

Elon Musk’s next target in the federal government is its buildings. The tech CEO and fascism enthusiast reportedly spent Thursday afternoon in the General Services Administration’s headquarters and met with the agency’s acting administrator,

Leak Reveals Musk’s Doge Could Be About To Trigger A Bitcoin-Inspired Price Game-Changer

A leak has revealed Elon Musk could be planning to use bitcoin-inspired blockchain technology to power his Doge ...

'Every MAGA Will Buy It:' Elon Musk Featured in Miami Crypto Lawsuit

The case is backed by Lara T. Gatz, a partner, Daniel A. Sox, of counsel, and Conor D. Cassidy, an associate, at Reed Smith in the Am Law 50 firm’s Miami office.

CoinDesk2d

Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain

Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin ...

decrypt4d

'Bitcoin Jesus' Roger Ver Begs Trump for Pardon—But DOGE Chief Elon Musk Says Nope

DOGE boss Elon Musk said that Bitcoin icon Roger Ver, who's facing tax evasion charges, won't be eligible for a Trump pardon.

GlobalData on MSN2d

Elon Musk’s X strikes alliance with Visa to launch digital wallet

The X Money service is expected to launch in the first quarter, with Visa being the first partner for X Money accounts.

San Francisco Examiner9d

Musk seeks Trump pardon for 'Bitcoin Jesus,' charged with fraud

Elon Musk said Tuesday he was exploring a presidential pardon for "Bitcoin Jesus," who was arrested last year on fraud and ...

1don MSN

Inside Trump's crypto court: Elon Musk, Sam Altman, Peter Thiel and their battle for Bitcoin domination

Elon Musk, Sam Altman, Peter Thiel and their battle for Bitcoin domination - Donald Trump will be the first president to ...

Cryptopolitan on MSN3d

Elon Musk’s X partner with Visa for financial services, ignoring crypto yet again

Elon Musk’s social media platform, X, announced on Jan. 28 that it’s teaming up with Visa to launch a digital wallet and peer ...

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