Exchanges· ★★★· bullish·

Tesla's Bitcoin Treasury Nears $1 Billion as BTC Rises

  • —Tesla holds 11,509 BTC, valued near $1 billion
  • —Unrealized gains rose by roughly $122.6 million
  • —No Bitcoin bought or sold since 2022
  • —FASB fair-value rules now affect reported earnings
Why it matters: Tesla's treasury shows how corporate Bitcoin reserves can move earnings and may encourage other firms to add BTC.
#BTC
Source: Coinfomania
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