Tesla's Q4 Bitcoin profit reached $600 million last year, and currently holds 11509 BTC

Odaily Planet Daily reported that Tesla's Bitcoin profit reached $600 million in the fourth quarter of last year, highlighting the potential of Bitcoin as collateral under new accounting rules, allowing companies to unlock liquidity without selling assets. This move positions Bitcoin as a valuable financial asset, allowing businesses to obtain working capital while maintaining their appreciation risk exposure. Tesla's 10-K filing with the SEC shows that it currently holds 11509 BTC. （Cointelegraph）