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Tesla Sees $600 Million Boost in Bitcoin Holdings Under New Accounting Standards

Tesla Sees $600 Million Boost in Bitcoin Holdings Under New Accounting Standards

According to revised accounting standards, Teslas digital assets now amount to $1.08 billion, indicating a mark-to-market gain from its bitcoin holdings. Unrealized Bitcoin Gains of $600 Million Added to Teslas Earnings Tesla Inc. has reported a $600 million boost in its latest quarterly results, attributed to a recent change in accounting rules for digital assets. []https://news.bitcoin.com/tesla-sees-600-million-boost-in-bitcoin-holdings-under-new-accounting-standards/

The post Tesla Sees $600 Million Boost in Bitcoin Holdings Under New Accounting Standards appeared first on BTC Ethereum Crypto Currency Blog.

Read more: https://www.btcethereum.com/blog/2025/01/30/tesla-sees-600-million-boost-in-bitcoin-holdings-under-new-accounting-standards/

Text source: BTC Ethereum Crypto Currency Blog

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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