Bitcoin investments brought Tesla $ 600 million profit

Tesla, a part of the assets of which is invested in bitcoins, was able to show in the financial report a higher profit due to the fact that the companies were made in the rules for taking into account digital assets by companies. As a result, the profit of the automaker increased by $ 600 million.

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In the previous four quarters, the company indicated that the balance cost of its digital assets is $ 184 million, but in the last report for the quarter that ended in December it increased to $ 1.08 billion. This happened due to the fact that the Council for financial accounting standards (FASB) Changed politics – since the beginning of 2025, the assessment of corporate digital assets is carried out on a quarterly at market value. Before making changes, the company owners owned by bitcoins were forced to report them at the minimum cost for all the time they own, regardless of the subsequent increase in prices.

As a result, as Tesla noted, the profit per quarter increased by $ 0.68, and net profit increased by $ 600 million. According to the III quarter, the company’s assets in bitcoins were reflected at the price of $ 184 million, although their actual market price was at that time at that time $ 729 million. Actual increase in the value of assets for the IV quarter amounted to about $ 347 million, which corresponds to the growth of bitcoin quotations.

Tesla, according to Bitcoin Treasuries, is the sixth largest bitcoin holder among public companies. The remaining indicators of the car manufacturer, following the results of the past quarter, turned out to be relatively modest: the company did not live up to analysts, and its revenue decreased by 8 % of the year by the year. Despite this, Tesla shares after the end of the auction showed growth.