Tesla’s Net Income Surges $600 Million in Q4 as New Accounting Rule Boosts Bitcoin Holdings

Описание

Tesla’s fourth-quarter net income surged due to a rule change in accounting for digital assets. The company reported a jump in bitcoin holdings, following the Financial Accounting Standards Board’s new policy requiring corporate digital assets to be marked to market each quarter. The shift resulted in a $600 million net income boost. Tesla is ranked as the sixth-largest Bitcoin holder among public companies.