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Tesla Bitcoin Holding Sees Explosive Growth, Boosting Q4 Earnings by $600 Million Coinpedia 1 week ago

Tesla Bitcoin Holding Sees Explosive Growth, Boosting Q4 Earnings by $600 Million 🚀

Elon Musk Bitcoin Tesla

Tesla, leveraging a new accounting rule, has seen its Bitcoin holdings grow explosively, resulting in a $600 million boost to its Q4 earnings.

Under Trump's influence, Bitcoin has gained traction in the mainstream financial system, prompting companies like Tesla to incorporate it into their financial strategies.

This development underscores the increasing integration of cryptocurrencies within corporate finance, with Tesla emerging as one of the largest corporate Bitcoin holders.

Source: coinpedia.org ↗

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