Tesla reports $600M Bitcoin gain in Q4 using new accounting rule
Tesla has used a new crypto accounting rule to book a nearly $600 million net gain on its Bitcoin holdings in the fourth quarter of 2024. Source link
Bitcoin could hit $700k, company buys $600m Bitcoin
BlackRock CEO Larry Fink has suggested that Bitcoin’s price could surge to $700,000 if sovereign wealth funds allocate 2% to 5% of their portfolios to the cryptocurrency. Speaking at the World Economic Forum in Davos, Fink highlighted Bitcoin (BTC) as a tool to address concerns about currency debasement and political instability. “If you’re frightened about […]
MARA Holdings acquired over $600M Bitcoin in the last two months
MARA Holdings urged the US government to be more aggressive in securing positions in Bitcoin and Bitcoin mining. Source link
