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.
Tesla originally invested $1.5 billion in bitcoin in January 2021, when the token was trading in the $30,000 to $40,000 range, compared with about $105,000 now. At the time, the company said it ...
Kekius Maximus (CRYPTO: KEKIUS), a meme coin that rose to fame following a mention by tech billionaire Elon Musk, has lost ...
except using “actions” instead of “tokens,” it is easy to see a similar dynamic play out. This would be especially bad for Tesla if other robotic outfits, particularly those with Nvidia's ...
As Trump becomes the 47th president, his entry into the cryptocurrency space through meme tokens marks an unprecedented ...
While Tesla and SpaceX CEO Elon Musk has embraced Dogecoin (DOGE), his father is pushing a meme coin that trades on the family name—whether his son likes it or not.
Tesla Inc.’s holdings of Bitcoin gave its latest quarterly results a boost, courtesy of new accounting rules for digital ...
JetBolt (JBOLT) is gaining traction in the Web3 space, attracting both blockchain whales and crypto enthusiasts with over 300M tokens sold.
Its net income got a $600 million mark-to-market benefit from the digital tokens due to the adoption of the accounting approach, Chief Financial Officer Vaibhav Taneja said on Tesla’s earnings ...
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...