{"id":10410,"date":"2025-01-30T01:46:39","date_gmt":"2025-01-30T01:46:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10410"},"modified":"2025-01-30T01:46:39","modified_gmt":"2025-01-30T01:46:39","slug":"elon-musks-tesla-records-600-million-in-paper-gains-on-bitcoin-in-q4-thanks-to-new-accounting-rule","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10410","title":{"rendered":"Elon Musk&#8217;s Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule"},"content":{"rendered":"<div>\n<p>Electric vehicle behemoth <strong>Tesla Inc<\/strong>. (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/TSLA#NASDAQ\">TSLA<\/a>) reported an unrealized gain of $600 million on its cryptocurrency holdings in the fourth quarter.<\/p>\n<p><strong>What happened: <\/strong>Tesla\u2019s balance sheet showed $1.07 billion in digital assets, up from $184 million from the last several quarters, according to the company\u2019s <a href=\"https:\/\/www.benzinga.com\/news\/earnings\/25\/01\/43321103\/tesla-q4-earnings-highlights-revenue-miss-eps-miss-ev-updates-automaker-says-2025-will-be-a-seminal-year\">earnings report <\/a>released Wednesday after the market close.<\/p>\n<p>The company also reported a mark-to-market gain of $600 million on digital assets in the fourth quarter. For context, this was 26% of the total income made by the <strong>Elon Musk<\/strong>-led firm in the quarter.<\/p>\n<p>Note that Tesla doesn&#8217;t provide a breakdown of its digital holdings. However, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/01\/43325381\/elon-musks-tesla-racks-up-600-million-paper-gains-on-bitcoin-in-q4\" alt=\"Elon\" musk tesla records million in paper gains on bitcoin q4 thanks to new accounting rule>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s balance sheet showed $1.07 billion in digital assets, up from $184 million from the last several quarters, according to the company\u2019s earnings report released Wednesday after the market close. The company [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10410","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10410"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10410\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}