You are viewing a single comment's thread from:

RE: LeoThread 2024-12-07 11:02

in LeoFinance10 months ago

Part 4/10:

Tesla's current cash holdings, alongside its Bitcoin inventory, have set off a debate on cash management. Notably, Tesla's Bitcoin is recorded at a marked-down value of $184 million, despite being worth approximately $1.2 billion based on Bitcoin’s current market value. The accounting surroundings around Tesla’s Bitcoin holdings make it difficult to fully gauge the actual cash impact, but soon, shareholders may see a surprise earnings bump when these unrealized gains come into play.