Tesla's Bitcoin profit reached $600 million in Q4 last year, and it currently holds 11,509 BTC

Odaily News Tesla's $600 million profit from Bitcoin in the fourth quarter of last year highlights the potential of Bitcoin as collateral under new accounting rules, allowing companies to unlock liquidity without selling assets.
The move positions Bitcoin as a valuable financial asset, enabling businesses to obtain working capital while maintaining exposure to its appreciation in value.
Tesla's 10-K filing with the SEC shows that it currently holds 11,509 BTC. (Cointelegraph)