Tesla reports $600 million bitcoin profit jump after digital assets rule change

cnbc.com/2025/01/29/tesla-reports-600-million-profit-boon-from-digital-assets-rule-change.html

Tesla's bitcoin holdings led to a big pop in reported net income for the fourth quarter because of a new rule change in how companies account for digital assets.
After showing a carrying value of $184 million in digital assets for the prior four quarters, the number suddenly jumped to…

This story appeared on cnbc.com, 2025-01-30 02:50:28.
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